Salaried income

Main income

• Employment must be permanent
• There is no minimum time in current employment
• 100% of gross basic salary accepted

Second job income

• 100% can be accepted
• Employment must be permanent and sustainable

Probationary period

All probationary periods can be disregarded.

Bonus/Overtime

We accept 60% of sustainable overtime and bonus, subject to the 60% not exceeding the basic income. If the 60% exceeds the basic income, the overtime/bonus will be capped at the basic income

Commission


We accept 60% of sustainable commission, subject to the 60% not exceeding the basic income. If the 60% exceeds the basic income, the commission will be capped at the basic income.

Confirmed pay increase

Pay increases are acceptable and must be confirmed by the employer. Increases must be within a reasonable time frame and will be reviewed by your underwriter.

Future employment 

Income can be used as part of the affordability assessment as long as the  employment begins within the next 3 months  and  this can be evidenced by provision of a signed contract. The future employment must meet all other standard employment criteria.