Income is holding me back

Discussion in 'Loans & Mortgage Brokers' started by Jmillar, 29th Aug, 2015.

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  1. tobe

    tobe Well-Known Member

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    Melbourne
    Rams will treat as self employed if comm is greater than base. Might get through by exception, but also having rental 'reliance' makes it hard.
     
    tobe, 30th Aug, 2015
    #21
  2. Mick C

    Mick C Well-Known Member

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    Location:
    Sydney
    Rams has the 1 years self employed policy now :)

    We been heavily placing all the high commission ( less than 2 years) to rams for a good 5-6 month now...but yes rental reliance can be tricky...but the new 1 years self employed ( full doc) is handy
     
    Mick C, 30th Aug, 2015
    #22
  3. Jmillar

    Jmillar Well-Known Member

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    26th Jun, 2015
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    Sydney
    Thanks, will ask Rolf if this will benefit me.

    Thanks Mick, will ask Rolf if we should consider RAMS or similar. I got my current job last November so not sure if last year's commission will be counted (same industry but different company)?

    Cheers
     
    Jmillar, 30th Aug, 2015
    #23
  4. Excalibur1

    Excalibur1 Well-Known Member

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    Sydney
    Do you mind me asking what industry you are in? Just want to see what sales jobs pay such commissions ?

    Cheers
     
    Excalibur1, 7th Sep, 2015
    #24
  5. Marty McDonald

    Marty McDonald Mortgage broker Business Member

    Joined:
    22nd Jun, 2015
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    Location:
    Sydney North Shore and Norther beaches
    I've never had issues using commissions if they are paid monthly or even quarterly. Cba would probably look at 6 months history.
     
    Marty McDonald, 7th Sep, 2015
    #25
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