Checklist for documents

Checklist of documents needed for a loan

Most lenders require the same documents to approve a loan. Make sure you bring the documents below to your meeting with us to help fast-track your loan application. This is a general checklist so some of the documents may not apply to you.  We will confirm which documents you need.

Personal Identification

• 100 points of ID are required.  A current Passport or Birth Certificate = 70 points.  Drivers Licence = 40 points.  (Please note if these documents are in your maiden name, you will also need to provide a copy of your Marriage Certificate.)
• Other documents that help build up 100 points include: a Medicare card, Credit card, ATM/Debit card, Council Rates Notice, Pensioner Concession card, Health Care card, Tertiary Student ID card.

Income Details

• The two most recent payslips from your employer.  (Ideally these will show the company name, number of the payslip and the year-to-date income figure).
• The most recent Group Certificate from your employer.

If self employed:

• The last two year’s personal and business tax returns and ATO assessments.
• Other income details

You may also need:

• Rental income statements or bank accounts showing rental income for any investment properties
• Proof of share dividends or interest earned
• Centrelink letter confirming family tax benefits
• Centrelink letter confirming permanent government pensions
• Private pension group certificate or statement
• Proof of any other regular, ongoing income.

Additional documents for refinancing

• Documentation on your existing loan including the date the loan commenced, loan period and any financial penalty payable if you exit the loan early
• Statements for the last six months for any existing home loans and personal loans
• The most recent Council Rates Notice and building insurance policy on the property or properties being offered as security.

Credit cards:

• If you have credit card debt, statements for the last six months.
• If you don’t owe anything on your credit card, the most recent statement.

Additional documents if you already own a home

• Statements for the last six months for any existing home loans or personal loans
• Your most recent credit card statement
• Copy of the Contract of Sale for the property you’re buying
• Statements for the last six months to show your savings/investment history.  (This could include share certificates, savings account statements, term deposit statements, etc.)
• If other funds are being used for the purchase, evidence showing where the funds are held.
• If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.

Additional documents for First Home Buyers

• Statement for your First Home Saver Account, if you have one.
• Statements for the last six months to show your savings/investment history.  This could include share certificates, term deposit statements, etc.
• If other funds are being used for the purchase, evidence showing where the funds are held.
• If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.
• Your most recent credit card statement.
• Copy of the Contract of Sale for the property being purchased.

Additional documents for investors

If you already have investment property/ies:

• Evidence of income such as rental statements.
• A copy of the tenancy lease.
• A Council Rates Notice.
• Copy of the Contract of Sale for the property being purchased.
• A letter from a property manager indicating likely rent for the new property.

Additional documents for borrowers seeking a construction loan

• A copy of a valid builder’s fixed price tender, including all specifications.
• A copy of Council approved plans.