PAYG

• Last 2 payslips; plus
• Letter of employment (signed & dated on company letterhead)

Minimu  employment criteria

Full-Time – Minimum 6 months. <6 months can be considered.

Part-Time – Refer to Full Time.

Casual – Minimum 6 months with current employment. <6 months can be considered.

Second Job – Minimum 12 months in current employment.

Contract – Must have worked in the same industry/role for a minimum of 24 months.

Self-Employed

• Last 2 years’ financials/tax assessment notices
• One Year Financial statements may be considered subject to the following and up to an 80% maximum LVR:

1. Most recent accountant prepared tax return and recent NOA (individuals)
2. Most recent accountant prepared financial statements (most current financial year required)

• PLUS, the latest available BAS or 3 months trading statements to evidence current income is consistent with tax return where the tax return provided is over 6 months old and the LVR is greater than 65%.
• ABN must be greater than 18 months.

Non-verified Income

• Borrower repayment declaration; Plus one of the following:

1. Accountant’s Letter
2. 12 months BAS statements
3. 12 months Trading Statements