Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Mortgage

  • 09-12-2005 6:16pm
    #1
    FullOf..IT
    Registered Users, Registered Users 2 Posts: 368 ✭✭


    Hi,

    Ive got a bit of a problem. I earn what I consider a pretty good wage (bout 50% more than the industrial average.). However, I dont believe that this would be enough to grant me a mortgage in dublin. If I combined this with what ive made in poker over the last year I wouldnt have a problem getting a house. Problem is how the hell can I go into a Bank manager and explain to him that on top of my salary there is an extra x amount due to gambling?!?

    Have any of you pros out there ever been forced to get loans etc on the back of being a pro gambler and what were the results?

    Any suggestions would be greatly appreciated...


Comments

  • #2
    Shortstack
    Closed Accounts Posts: 2,506 ✭✭✭Shortstack


    FullOf..IT wrote:
    Hi,

    Ive got a bit of a problem. I earn what I consider a pretty good wage (bout 50% more than the industrial average.). However, I dont believe that this would be enough to grant me a mortgage in dublin. If I combined this with what ive made in poker over the last year I wouldnt have a problem getting a house. Problem is how the hell can I go into a Bank manager and explain to him that on top of my salary there is an extra x amount due to gambling?!?

    Have any of you pros out there ever been forced to get loans etc on the back of being a pro gambler and what were the results?

    Any suggestions would be greatly appreciated...

    Go to an independent broker they can sort you out. I know some one who got a mortgage solely on Poker winnings. If you are stuck then I can find out who he went to.


  • #3
    Ian147100
    Closed Accounts Posts: 59 ✭✭Ian147100


    Speaking as somebody with a strong involvement in the financial services industry I'd like to say that you have no chance at all of using those winnings as evidenced 'income', don't even waste your time trying. Time to get on the phone to mum and dad.


  • #4
    bohsman
    Registered Users, Registered Users 2 Posts: 8,881 ✭✭✭bohsman


    Organise a monthly withdrawal from Neteller or a poker website to your bank account, you can then say this is part of your salary again as Shortstack mentioned independant broker.


  • #5
    Shortstack
    Closed Accounts Posts: 2,506 ✭✭✭Shortstack


    Ian147100 wrote:
    Speaking as somebody with a strong involvement in the financial services industry I'd like to say that you have no chance at all of using those winnings as evidenced 'income', don't even waste your time trying. Time to get on the phone to mum and dad.

    If you are strongly involved in the financial community then you will know that it is not too hard to manipulate things your own way. As long as you have a regular withdrawal, preferably by cheque then you will have no problem.

    Job: erm, self employed software consultant for pokerstars.com, cheque from Pokerstars arrives every month. As long as you are not black listed already you will find many lenders willing to throw money at you.

    Most banks are look for ways to give you a mortgage not to deny you one. Especially in Ireland where property prices are rising so quickly the banks are not taking that big a risk.


Advertisement