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Then again, this article says it was independently confirmed by the Seattle Times:
Boeing loses to Airbus on big Delta order | Business & Technology | The Seattle Times |
Loan Issues
I know this has been answered on here before...but does anybody have any expertise on how to justify an airline pilot salary to a bank's loan department?
I'm trying to get a 6 month construction loan to finish a place, then that would be taken over by a conventional mortgage of some type once an occupancy permit is issued. Lady at bank tells me my salary doesn't justify the loan. This isn't a million dollar home...couple hundred grand. I'm a new hire, only been here 6 months after retiring from the military so naturally, the pay has been low. I tried to explain the hours and pay scale thing to them and they said that is all "projected earnings" and that my salary since retirement doesn't warrant a loan. Anybody got any expertise or experience on how to work this thing? I was polite about it, but basically asked her..."if a guy who has retired from the military, with a monthly retirement check, no debt, and a job as a pilot at Delta airlines can't get a loan for a couple hundred grand... who is getting them then?" |
Originally Posted by Big E 757
(Post 1766793)
It doesn't say when deliveries begin. What is an A330-900? Is that a NEO 330-300?
Anyone in the know? Can they "hang" a NEO engine on either of the two smaller variants? (e.g. -200/-300 w/ NEO engines?) |
330-800/900 = 330-200/300 with new engines
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Originally Posted by HTBH
(Post 1766815)
I know this has been answered on here before...but does anybody have any expertise on how to justify an airline pilot salary to a bank's loan department?
I'm trying to get a 6 month construction loan to finish a place, then that would be taken over by a conventional mortgage of some type once an occupancy permit is issued. Lady at bank tells me my salary doesn't justify the loan. This isn't a million dollar home...couple hundred grand. I'm a new hire, only been here 6 months after retiring from the military so naturally, the pay has been low. I tried to explain the hours and pay scale thing to them and they said that is all "projected earnings" and that my salary since retirement doesn't warrant a loan. Anybody got any expertise or experience on how to work this thing? I was polite about it, but basically asked her..."if a guy who has retired from the military, with a monthly retirement check, no debt, and a job as a pilot at Delta airlines can't get a loan for a couple hundred grand... who is getting them then?" You might want to check out wingsfinancial.com, or even the Delta Credit union. they both understand pilots, and Wings has been exceptionally good to me. |
Originally Posted by HTBH
(Post 1766815)
I know this has been answered on here before...but does anybody have any expertise on how to justify an airline pilot salary to a bank's loan department?
I'm trying to get a 6 month construction loan to finish a place, then that would be taken over by a conventional mortgage of some type once an occupancy permit is issued. Lady at bank tells me my salary doesn't justify the loan. This isn't a million dollar home...couple hundred grand. I'm a new hire, only been here 6 months after retiring from the military so naturally, the pay has been low. I tried to explain the hours and pay scale thing to them and they said that is all "projected earnings" and that my salary since retirement doesn't warrant a loan. Anybody got any expertise or experience on how to work this thing? I was polite about it, but basically asked her..."if a guy who has retired from the military, with a monthly retirement check, no debt, and a job as a pilot at Delta airlines can't get a loan for a couple hundred grand... who is getting them then?" Also showed them TSP assets which more than covered the loan. You might just have to shop around for a small town bank. Or find one that deals often with your builder or local builders. Not all banks do construction loans, so one that has relationships with builders may be best bet. |
Originally Posted by nwaf16dude
(Post 1766819)
330-800/900 = 330-200/300 with new engines
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Originally Posted by HTBH
(Post 1766815)
I know this has been answered on here before...but does anybody have any expertise on how to justify an airline pilot salary to a bank's loan department?
I'm trying to get a 6 month construction loan to finish a place, then that would be taken over by a conventional mortgage of some type once an occupancy permit is issued. Lady at bank tells me my salary doesn't justify the loan. This isn't a million dollar home...couple hundred grand. I'm a new hire, only been here 6 months after retiring from the military so naturally, the pay has been low. I tried to explain the hours and pay scale thing to them and they said that is all "projected earnings" and that my salary since retirement doesn't warrant a loan. Anybody got any expertise or experience on how to work this thing? I was polite about it, but basically asked her..."if a guy who has retired from the military, with a monthly retirement check, no debt, and a job as a pilot at Delta airlines can't get a loan for a couple hundred grand... who is getting them then?" Jeff Kobold | Prospect Mortgage | Orleans, MA |
Originally Posted by encore
(Post 1766775)
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Originally Posted by Sink r8
(Post 1766795)
Still being negotiated. I smell a calculated leak.
Airbus Said to Near Delta Order Up to $13 Billion to Top Boeing - Bloomberg |
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