Home Forums Money matters Home loan to grow business

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  • #993159
    sylv
    Member
    • Total posts: 15

    Hi all,

    is it even remotely possible to get a home loan without having a regular income (or rather – hardly any income at the moment), if I demonstrated that the home would enable me to conduct part of my business there and increase my income?

    Cheers, Sylvie

    #1189998
    ThexArm
    Member
    • Total posts: 253

    I highly doubt that is possible!

    If you have a great idea that can create a business and generate income for you, then you probably want to do it in a rental premises. Until you can generate regular income the idea is only an idea not a business unfortunately

    #1189999
    sylv
    Member
    • Total posts: 15

    Thanks Bala, that’s pretty much what I expected :(

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