Looking to build a house with a reputed House maker in Yokohama. I work as a full time employee and wife works at Gyoumu Itaku. Since the total cost of Land + house is somewhere around 1 億 or 100 million, we applied for a pre-approval for a loan. I was offered upto 85 Million just on my salary, however we applied for pair loan as well to increase the loan amount to fit our budget.
The house maker representative who had applied for pair loan came back saying that since my wife is working part time as Gyoumu itaku and not a salaried person, banks rejected the application. Though we had submitted her past 3 years Tax returns or Kautei Shinkoku etc. The banks to which we applied are Mitsui Sumitomo, AU Jibun and SBI Shinsei. Now without the pair loan we might have to reconsider our whole budget including land location and even size of the house.
Has anyone had similar experience? What did you do in this situation ? How or which banks can I apply for a Pair loan?
I would appreciate if someone can provide insights on this.
Thanks in advance!
by WriterFragrant6716