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.