Thread: re mortgaging
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  #13  
Old 02-05-2011
Hulk Hulk is offline
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Join Date: Jun 2006
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Overtime can be used as allowable income but usually its only accepted if evidenced by at least one years p60 and three months payslips to prove consistency. The underwriter normally takes an average of the last three months overtime to assess the application.

The problem youve got is each individual bank has its own lending policy and underwriting criteria. Sometimes underwriters overlook certain cases which end up slipping through the net.
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