Overtime Income Home Loan

  • Overtime income is paid on top of your normal base wage when you work more than normal working hours. If working overtime is a condition, overtime income is also considered as a regular income.
  • In order to accept the overtime income, the lenders normally require evidence showing that you have been working overtime for at least 1 to 2 years. However, some lenders only require 3 months overtime income history.
  • Depending on the nature of your employment, the lenders will consider whether they will accept 50 per cent or 100 per cent of the overtime income.

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