Checklist of Loan Documents

Personal identification

• A valid passport or birth certificate is required
• Driver’s licence.
  (Please note that if these documents are in your maiden name, a copy of your marriage certificate is also required.)
• Other useful documents include:
  a Medicare card, a credit card, an ATM/debit card, a Council Rates Notice, a Pensioner Concession card, a Health Care card, and a Tertiary Student ID card

Income details

• Your employer’s two most recent pay stubs.
  (Ideally, these will include the company name, the number of payslips, and the total income for the year.)

• Your employer’s most recent Group Certificate.

If you’re self-employed:

• Personal and corporate tax returns from the previous two years, as well as ATO assessments.
• Other sources of income

You might also require:

• Rental revenue documents or bank accounts for any investment properties that indicate rental income
• Proof of dividends or interest earned on stock
• a letter from Centrelink confirming family tax benefits
• Permanent government pensions are confirmed in a letter from Centrelink.
• Private pension group certificate or statement
• Proof of any other regular, ongoing income.

Additional refinancing documents

• Documentation pertaining to your current loan, including the date the loan began, the loan length, and any financial penalties that may be incurred if you pay off the loan early.
• Statements for any existing house loans and personal loans for the previous six months
• The most current Council Rates Notice as well as the property or properties being given as security’s building insurance policy.
• Credit cards
  • Statements over the previous six months if you have credit card debt.
  • The most recent statement, if you don’t owe anything on your credit card.

If you already own a home, you will need to provide additional documentation

• Statements for any existing house loans or personal loans for the previous six months
• Obtain a copy of your most recent credit card statement.
• Copy of the contract of sale for the property you’re buying
• Statements over the previous six months to illustrate your savings/investment history (Share certificates, savings account statements, term deposit statements, and so on are examples.)
• Evidence of where the monies are held if other money are being used for the transaction.
• You will require a Statutory Declaration from the individual sending you the money if you are receiving cash that are not already in your bank account.

Documents for First-Time Home Buyers

• If you have one, a statement for your First Home Saver Account.
• Statements from the previous six months showing your savings and investment activity.
  This could include things like stock certificates and term deposit statements.
• Evidence of where the monies are held if other money are being used for the transaction.
• You will require a Statutory Declaration from the individual sending you the money if you are receiving cash that are not already in your bank account.
• Obtain a copy of your most recent credit card statement.
• A copy of the property’s contract of sale is required.

Additional investor documents

If you already own one or more investment properties:

• Rental statements, for example, are proof of income.
• The tenancy lease in its entirety.
• A Notice of Council Rates.
• A letter from a property management stating the new property’s expected rent.
• Statements from the previous six months showing your savings and investment activity.
  This could include things like stock certificates and term deposit statements.
• Evidence of where the monies are held if other money are being used for the transaction.
• You will require a Statutory Declaration from the individual sending you the money if you are receiving cash that are not already in your bank account.
• Obtain a copy of your most recent credit card statement.
• A copy of the property’s contract of sale is required.

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.
• 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.