There is a list of documents required in order to process and approve your home loan. Make sure you bring the documents below to your meeting with your mortgage consultant to help fast-track your loan application. This is a general checklist, so some of the documents may not apply to you. Our Mortgage consultant will confirm which documents you need based on your home loan type. All documents can be copies unless stated otherwise.
100 points ID is required for all types of home loans.
Other documents that help build up 100 points include: Credit cards, ATM/Debit cards, Pensioner Concession card, Health Care card, Electricity/Gas/Telephone/Water Bills, Tertiary Student ID card, Letter from Employer etc. Consult with your mortgage consultant to see the points for each identity document.
These documentation is based on your income status.
If you earn a wage or salary
OR any of the following
If you are self employed
If your Tax Returns and Notice of Assessments are greater than 24 months old, you must still provide them along with either one of the following
If you are applying for a Low Documentation Loan you will need:
If you earn Rental Income
One of the following
If you receive Government Income (eg: Centerlink and/or Veteran Affairs)
Your latest government advise letter which shows your income/benefit (less than 90 days old)
Additional Documents For Borrowers Seeking A Construction Loan
Additional Documents If You Already Own A Home
Additional Documents For First Home Buyers
Additional Documents For Investors
Additional Documents For Refinancing
If you don’t owe anything on your credit card, the most recent statement.