Handling Multiple Employer Income in Mortgage Applications
Borrowers with two or more jobs are increasingly common. Handling their income cleanly requires understanding how each lender treats secondary employment.
Identifying the primary and secondary employer
The primary employer is usually the one providing the larger share of income or the longer tenure. Secondary employment provides supplemental income, often from a casual role, a sole trader side business, or a second permanent position. Lenders may treat each employer differently.
Grouping employers under a single ABN
Large organisations sometimes pay employees from different entities even though the employment is continuous. Grouping multiple payslips under a single ABN lets the broker present the correct tenure and total income. Check the ABN on each payslip and merge them where the same underlying employer applies.
Understanding how lenders treat the second job
Some lenders accept income from a second job at full shading. Others require twelve months of continuous employment before accepting it at all. A few exclude second job income entirely. Match the file to a lender whose policy includes the second job in the way that supports the client.
Key takeaways
- ✓Identify the primary and secondary employer clearly
- ✓Merge payslips where the ABN and employment are continuous
- ✓Know each lender policy on second job income
- ✓Document the tenure and shading applied to each employer
How QualifyMate helps
QualifyMate groups employment by ABN, consolidates multiple payslips from the same organisation, and highlights second jobs so brokers can apply the right lender policy confidently.
Key terms
Related guides
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Annualising Year to Date Income Accurately
A practical method for annualising year to date income on payslips. Pay cycle calculations, financial year timing, and common pitfalls.
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