Income Details

Insert information about your income to determine your eligibility. The data is then taken to the MORTGAGE_SCORING_DIP where it is used to determine if your credit scoreClosed Scoring is a statistical analysis performed by financial institutions to determine the creditworthiness of a borrower..

Field Data Type Mandatory Description
Employment Option set Mandatory

Choose between:

  • Employed
  • Self-Employed.

Depending on what you select here, different fields are displayed to match the selection.

For the option employed:
Employer name   Mandatory

Choose between:

  • Creative/Specialist
  • Driver
  • Emergency Services
  • Hm Forces
  • Manager
  • Nurse
  • Office Staff/Clerical
  • Other
  • Professional
  • Sales Assistant/Service Staff
  • Sales Person
  • Senior Executive
  • Skilled Worker
  • Teacher
  • Unskilled Worker.
Job Title Text Mandatory Insert the name.
Time employed at this job   Mandatory

Choose between:

  • 1 month
  • 2 months
  • 3 months
  • 4 months
  • 5 months
  • 6 months
  • 7 months
  • 8 months
  • 9 months
  • 10 months
  • 11 months.
Yearly income before tax Number Mandatory Insert the amount.
Do you have any other incomes? Bool  

If true, a button will be made available (grayed out by default) named Add income.

If you want to add additional income, a slider from the right side will appear with the following incomes in 2 categories.

For the option self-employed:
Your business role Text Mandatory Insert the role you have.
Name of business Text Mandatory Insert the name of the company/NGO.
Time employed at this job Option set Mandatory Insert the number or years/months.
Net profit in most recent complete tax year Text Mandatory Insert the profit after tax deduction for the last year.
Net profit in previous complete tax year Text Mandatory Insert the profit after tax deduction for the previous year.
Do you have any other incomes?   Mandatory Toggle the button if you do receive money from other sources. Then, click Add income to open the side panel on the left with the following fields.
Income type Option set N/A

Choose between:

  • Overtime
  • Allowances
  • Commission
  • Bonuses.

Choose between:

  • Pension
  • Investments
  • Maintenance
  • Trust Funds.
Value Number N/A Insert the income.
Frequency Option set N/A

Choose between:

  • weekly
  • monthly
  • default
  • yearly.
NOTE  
The default values from the option set can be modified as per the business requirements of any financial institution. For details, see Option Sets.

Click Continue.