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Tuesday, July 02 2024

One of lenders has updated their policy with some changes that benefit those on casual or commission income.

Casually employed workers can use 100% of their casual income with no further shading.  A minimum of 6 months of employment in the current role is needed, and we’ll annualise your income based on 52 weeks instead of 48.

Only 6 months of history are needed to accept commission income, and we will annualise out the YTD income and shade to 80%.

Looking for ways to improve your borrowing cacpacity? Book in a telephone appointment with me and I will show you how. Click here to go my calendar to make a time.

Posted by: Greg Carroll AT 07:52 am   |  Permalink   |  Email