Documents you need for a home loan

  

Generally speaking, all lenders require the same information from you. Certain exceptions may be made for Low Doc home loans for the self employed. When you come to your loan appointment, you should bring documents/evidence from the following categories with you:

  

  • Identification
  • PAYE applicants
  • Property Purchases
  • Loans and credit cards
  • Self Employed
  • Refinance
  • Investors
  • Construction Loan  

  

Identification

You must bring original identification documents with you:

·         current Australian drivers licence AND Australian passport.

This is required by law.

  

PAYE applicants

If you are in regular employment, please bring either:

·         two consecutive payslips showing YTD earnings (no older than 4 weeks) OR

·         a letter from your employer confirming your salary AND

·         your last Group Certificate AND

·         your last Tax Assessment Notice

  

Property purchases

Lenders want to know you can meet the repayments, so please bring:

·         6 months savings statements AND

·         a copy of the Contract for Sale of Land or Offer and Acceptance

  

Loans and cards  

Please bring:

·         a copy of recent statement for all credit cards AND

·         copies of six months of loan statements

  

Self employed  

We can also help you with finance if you work for yourself. Bring your:

·         last two years' personal income tax returns AND

·         last two years' co tax returns and accounts AND

·         last Tax Assessment Notice

  

Refinance

If you want to refinance a property you already own to take advantage of better loans now available or use the equity in your property for another purpose, bring

·         a copy of all loan statements for last 12 months AND

·         proof of property ownership (e.g. rates notice)

  

Investors

Your income will be enhanced by the rental you receive. So bring:

·         a letter from real estate agent confirming expected rental OR

·         a Copy of current Lease Agreement OR

·         recent rental statements

  

Construction loan

If your planning to build, lenders will require some extra information. Please bring:

·         a copy of your Fixed Price Building Contract AND

·         a copy of the plans and specifications.

 

 

 

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