Lending criteria for employed by family company
Employed by family company
Extra scrutiny will be applied to the income verification of applicants who work for family-connected companies, particularly where there is a recent new role or a recent pay rise. We need to be satisfied with the plausibility and authenticity of the income from applicants who work for a family company. Each application will be assessed on a case-by-case basis and may involve additional proof of income requests compared to those of a standard employed applicant.
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