To start, I did look for land plots for a couple of years to build a house but my wife wasn't convinced with any, and nothing ever moved forward. I finally found a higher paying job and switched this year, and it's just now that my wife finds a perfect place for us. We don't want to let this place go but I understand my current conditions.
We planned to do a pair loan, each borrowing ~30M. The income in my contract was 7.4M but I've just started and have only one statement. I have a bunch of savings and stocks besides my ideco, and my family is willing to help for a couple of years, so taking a high rate is not out of the question. I do have PR, since a couple of years ago. Having my wife take the entire loan by herself is likely not an option.
Two local banks already said the work history is a must, but is anyone aware of other viable options? Is Flat 35/20 also strict in that sense?
Any comments would be appreciated.
by poyochama