Janet Florey

Review of Keystart Home Loans

Last year I applied for a Keystart loan. I wasn't ...

Last year I applied for a Keystart loan. I wasn't earning enough. Worked hard, earnt $20,000 more this year. Applied for a Keystart loan. Met all the criteria , was invited to ring the sales people to take the process further, so they ask for the current year and previous year income.......one thing they don't mention ANYWHERE until you get to this stage is that they take the lowest annual earnings of the two and do their calculations on that, which of course were last years earnings so of course I don't qualify...... again. Keystart - the logical process would be to add the two together and take the average of both or at least give that information in the initial "do I qualify' process. So thanks, for making me feel like I had a chance this year and then kicking me in the guts...again