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Is it possible to get a mortgage with usd income?

The first question my bank's mortgage calculator asks is "is your income in GBP?". My income is in USD. Is it outright not possible for me to get a mortgage, or is there a way around it?

Comments

  • user1977
    user1977 Posts: 17,444 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Contact a broker, rather than trying to make your own applications to banks. Especially if your username suggests you don't have a regular salary.
  • kingstreet
    kingstreet Posts: 39,219 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes. It's possible. A few lenders accept non-sterling income, most don't. A good independent broker will be able to establish the best lender/product for your particular circumstances.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • Bigphil1474
    Bigphil1474 Posts: 3,392 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What happens if you say no?
  • JJG
    JJG Posts: 341 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 9 January at 1:43PM
    The main concern for banks, is changes in exchange rates can have a significant impact on your ability to repay the mortgage. That’s why it will probably be best to go through a broker to find lenders who do accept this.
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