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3 years accounts
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Marcusmaverick
Posts: 1 Newbie
in Loans
I have sent off my mortgage application with my last 3 years accounts. I have a deposit of 20% but I dont know what they look at as far as accounts go. Net profit is 31K, 11K and 47K loan is for 181K over 24 years. Hows my chances on those numbers? Thanks
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Marcusmaverick wrote: »I have sent off my mortgage application with my last 3 years accounts. I have a deposit of 20% but I dont know what they look at as far as accounts go. Net profit is 31K, 11K and 47K loan is for 181K over 24 years. Hows my chances on those numbers? Thanks
I am in a similar position yes they want 3 years accounts obviously from a certified accountant and yes it's net not gross profit.0 -
I would ask on the Mortgages & Endowments board as that is where the mortgage brokers hang out.
They will be in a better position to advise you than most posters here.0
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