Unlock more borrowing power with changes to AMP’s Rental and bonus income shading
- Bonus income shading policy to be changed to be uncapped at 20% over 1 year.
- Changes to the treatment of rental income shading policy have been introduced across various segments. These modifications impact both existing and new rental properties.
- 20% shading on all residential investment properties in all zones (inclusive of high-density apartments), regardless of documentary evidence provided (i.e.: Lease Agreement, Rental Statement, or 3rd party estimates).
- 35% shading on all non-residential, commercial or industrial investment or owner-occupied properties (3rd party estimates not allowed).
- 35% shading on Serviced Apartments and Short-Term rentals, and 20% shading where documentary evidence is a 3rd party estimate.
Click here to find out more.
If you have any questions, refer to your BDM.
