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- 1.Introduction
- 2.Borrowers
- 3.Loan Purpose
- 4.Identifying Borrowers
- 5.Loan Amount rules
- 6.Maximum Loan to Value Ratio (LVR)
- 7.Cash out limits
- 8.Documentary Requirements by Purpose/Product
- 9.Credit Impairment
- 10.Credit (CRA Report) Events
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- 11. Employment and Income
- (a)PAYG: Full Time
- (b)PAYG: Part-Time
- (c)PAYG: Contract
- (d)PAYG: Casual
- (e)PAYG: Overtime & Shift Allowance
- (f)PAYG: Bonuses/Commissions
- (g)PAYG: Parental Leave (maternity leave)
- (h)PAYG: Payslip Deductions & Non-shift allowances
- (i)Self-Employed: Fully Verified
- (j)Self-Employed: Alt
- (k)Self-Employed: Alternative Documentation – BAS
- (l)Self-Employed: Alternative Documentation – Business Bank Statements
- (m)Other Income: Rental
- (n)Other Income: Pensions and Government Benefits
- (o)Other Income: Superannuation
- (p)Other Income: Child Maintenance
- (q)Other Income: Income Protection and Workers Compensation
- (r)Other Income: Austudy
- (s)Other Income: Scholarship
- (t)Other Income: Foster Carer
- (u)Other Income: Seasonal
- (v)Income: Add Backs – Depreciation & Interest
- (w)Other Income: Directors Fees
- (x)Other Income: Trust Distributions
- (y)Unacceptable Income
- 12.Serviceability
- 13.Securities and Valuations
- 14.Valuation Criteria
- 15.Approvals, Declines or Withdrawals
- 16.Exit Strategy
- 17.Independent Legal Advice (ILA)
- 18.Variations and Increases
- Contact Your BDM
- Apply Online
4. Identifying Borrowers
Borrowers to be identified as per VOI standards