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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.   |