Mortgage Application with Gambling on Bank Statements

Viewing 9 posts - 1 through 9 (of 9 total)
  • Author
    Posts
  • #103576
    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!

    #103577
    BSK1 WANTED $48
    Outlaw

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

    #103582
    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”

    #103588
    Jimbo183 WANTED $29
    Outlaw

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

    #103589
    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.

    #103595
    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

    #103597
    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 )

     

    #103602
    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.

    #103605
    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

Viewing 9 posts - 1 through 9 (of 9 total)