Over the past few months MAP has had a number of clients on unpaid maternity leave who have been declined home loan finance from their broker or bank. Their bank or broker has advised them that they need to return to work first before they will consider lending to them. This is indeed the case with most lenders however MAP has access to a number that are far more flexible and common sense when it comes to maternity leave.  If you need both incomes to afford the home loan, then all we need to do is; 1) Obtain a letter from wife/partners employer confirming exact start date they will return to work and what income they will return on, 2) Be able to provide evidence of how you will afford repayments on the home loan during this time.  Ie, there will be a time where you are still only on one income and the bank has lent you the money.… Read More