We are able to consider dividends up to a maximum of 100% of the lower of the average of the latest two years, or the latest years’ dividends. If the average drawings over the last 2 years is more than 25% of the previous years drawings, additional underwriting requirements may apply, such as an Accountants Certification providing an explanation for the increase.
Salary and/or dividends must be supported by the latest years’ net profit, we do not accept retained profits to support latest annual income.