Forum Forum Home Bandit’s Posts Today’s Posts

[Ca CasinoGod WANTED $6 Outlaw]

Hi!

I’m in a bit of a panic, Chipmonkz Slots has recently bought a house and he said a few times on steam that the Mortgage companies don’t care about gambling on bank statements.

He said Of course they seen it but it causes no issues what so ever.

My friend has just got one outright declined for this reason and after asking about Gambling every day  is a massive No No No.

Will this cause an issue? It seems weird that Chipmonkz is saying it wont cause an issue!

https://www.finder.com/does-gambling-affect-your-mortgage-application

https://www.mortgageadvicebureau.com/expert-advice/first-time-buyer/does-gambling-affect-a-mortgage-application

 

 

 

[th theruffler WANTED $2 Outlaw]

I recently applied for a mortgage and has the same concern. My statement had regular big gambling transactions on.

As long as your credit rating is good and your loan to value isn’t too bad I would hope you would be ok.

I would suggest going through a mortgage broker which will give you the best chance.

Good luck!

[BS BSK1 WANTED $48 Outlaw]

I had no problem at all. It wasn’t even mentioned…. try a different bank maybe ?

[Seyahkram1977 WANTED $706 Outlaw]

BSK1 wrote:

I had no problem at all. It wasn’t even mentioned…. try a different bank maybe ?

Have to agree with bsk….I’ve had three houses and wasn’t picked up at all…I find it hard to believe it would be a negative, it doesn’t effect your credit score playing or opening accounts with casinos, and although it’s classed as a vice you could put anything in that bracket…

id be curious  if the whole chipmunk was because it was his profession rather than “ he plays on casinos”

[Ji Jimbo183 WANTED $29 Outlaw]

Wouldnt believe a word that comes out of chipmonkz mouth the guy is the biggest bellend in the streaming business

[Kelvie WANTED $45 Outlaw]

Chip doesn’t do bank deposits, he uses skrill. Just because what was okay for someone doesn’t mean it will be for everyone.

[Anonymous WANTED $110 Inactive]

I got mortgage last year with Halifax they ask me for 30% deposit coz I had gambling pay out,Blood videoslot show on my statment 🙂 mortgage broker did for me,my credit scoring is good so no other problems

[Seyahkram1977 WANTED $706 Outlaw]

It’s all to do with affordability, if they see regular deposits to casino then yes you do become a higher risk, ( one or two isn’t an issue,102 in a month is ).

so if you knew in a years time your going to buy a house, stopping gambling would clear that up, they typically check 6 months of transactions/ statements, if there’s none on there in that time then no problems…( I do a couple of deposits in a month and I was fine… even with the deposits on the statements )

 

[BS BSK1 WANTED $48 Outlaw]

Maybe each bank is different, the first time I went through a broker and at the time I was doing daily deposits and I had no issue. Maybe things have changed but surely if you earn enough to cover your payments there shouldn’t be an issue.

[Anonymous WANTED $110 Inactive]

Seyahkram1977 wrote:

It’s all to do with affordability, if they see regular deposits to casino then yes you do become a higher risk, ( one or two isn’t an issue,102 in a month is ).

so if you knew in a years time your going to buy a house, stopping gambling would clear that up, they typically check 6 months of transactions/ statements, if there’s none on there in that time then no problems…( I do a couple of deposits in a month and I was fine… even with the deposits on the statements )

 

I think is more coz I have 2 other mortgage

[Author]

Posts