Hello all,

Would like to ask what documents can validate my current salary since I just changed to a new job this month? Most bank I see required 3 months payslips.

Can I use ex company payslips and current co. payslips to make up for 3 months in total or I can just use my new co. offer letter?

Thanks.

This post has been edited by sykz: Jul 4 2015, 03:08 PM

Hi, you can also forward your questions here, where we discuss loans and mortgages: https://forum.lowyat.net/topic/3437581/+1120

1. Typically, banks would like to see 1 months salary accredited to your bank account, of which the net pay must tally with the amount credited into your account. Edit: Some banks require full month's credited salary and not pro-rate though. So your salary for June must be half of what it should be. Best to wait till next month's salary.

2. In addition, you would need the letter offer from your new company, most importantly is that your pay is spelled out, including the fixed allowances.

3. You can't use the old company's payslip. At least not that I know of. And please dont try to cheat the bank by pretending as if you still work there and using the latest payslips from the old company (i know some agents ask their customers to do this because of the difficulties to get the right set of documents from the new comapny), because they may call you old company and find out that you are not working there anymore and you would get into trouble.

p/s try not to change jobs while applying for a loan, or vice-versa, try not to apply loans while in the midst of changing jobs

This post has been edited by wild_card_my: Jul 4 2015, 09:20 PM

Thanks for your info man.

Are you doing any home loan? I'll send you PM.

Thanks

Yes, as a mortgage broker, my service is to provide mortgage consultation and eventually application on behalf of the clients.