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Article - Employment Options
Article - Employment Options

Primary, Secondary and Previous

Liz avatar
Written by Liz
Updated over 2 years ago

In Loanapp, there are three Status options for Employment.
 - Primary

 - Secondary
 - Previous 

Regardless whether your Applicant is PAYG, Self Employed or Not Employed, you will still need to advise the Status of the employment.

Primary - for most income earners who are full time. This indicates that the majority of their working income comes from this employment.

Secondary - For those who have a second job or similar. This is mainly used for those individuals who have part-time, casual, temporary or seasonal positions, in addition to their Primary position.

Previous Employment is entered to capture a history of employment. Most Lenders require 3 years employment history. You can add multiple entries for Previous Employment, to show all jobs held over the last 3 years.

Below image shows how you add Employment. 

Below image shows how multiple entries have been added to cover all employment positions held by this applicant over the last 3 years.

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