Casual employee loans are suitable for those borrowers who have casual jobs, permanent casual or borrowers who have more than 1 casual job. You are required to be in the job or the same industry for at least 3 months.
It may be more difficult for the casual employees to obtain a mortgage. Due to the nature of the employment, the casual employees may have a higher chance in changing their income and they may also have higher chance in loosing their jobs.
Different lenders have different methods to work out the income of the applicants who are casual employees. If the applicants have been employed with the same employers for several years, 2 years group certificates may be required. If the applicants have only been employed for a few months, we can also help.
The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.