The checklist below is an outline of the
documentation required for a loan application. To download
a printable version of this checklist in Adobe Acrobat format,
please click
here.
Please note: In some circumstances all of
the items below may not be required. Alternatively, lenders
may request further or more detailed information that is not
listed on this sheet. Please discuss this with your loans
consultant.
When arranging to meet with your Loans Consultant,
please ensure that you have copies of all documents ready,
and that you also have the original documents available for
viewing by the consultant. This will allow your application
to proceed as quickly and smoothly as possible.
If you feel you are not able to supply the
required documentation as listed below, there may still be
a variety of options available to you. Please discuss alternative
options with your Loans Consultant.
| Required
by all Applicants |
 |
100 points of ID |
|
| |
- Passport
or Birth Certificate = 70 points |
|
| |
- Driver's
licence/Pension card = 40 points |
|
| |
- Credit Card/Passbook/Rates
Notice = 35 points |
|
| |
- Medicare
Card/Senior's Card/Public Utility Bill = 25 points |
|
| |
|
|
| Are you
a PAYG employee? - You will need two of the following: |
|
Last 2 current payslips |
|
|
Tax returns and Assessments
for the previous 2 years |
|
|
Group Certificates for
the previous 2 years |
|
|
A letter from your employer
stating your wage, and the tenure of your employment |
|
| |
|
|
| Are you
Self-employed? - Either in a business or as a sole trader? |
|
Tax returns and Assessments
for the previous 2 years |
|
|
Profit and Loss statements
& Balance sheet |
|
|
Letter from your accountact
certifying the accounts if no current tax return is available |
|
| |
|
|
| Are you
a Director of a Company or Trust? |
|
Last 2 years Company Tax
returns including Profit and Loss & Balance sheet
|
|
|
Last 2 years personal Tax
returns for Directors/Guarantors |
|
|
Letter from accountant
certifying accounts |
|
|
Memorandum and Articles
of Association |
|
|
Certificate of Incorporation/Constitution |
|
|
Background or History of
company |
|
|
Management team details |
|
| |
|
|
| The Purchase:
Please note: some of these items are not required
for pre-approval. Talk with a loans consultant. |
|
Evidence of genuine savings
over 6 months - minimum of 5% of loan amount |
|
|
Proof of deposit and funds
to complete purchase (bank statements) |
|
|
Confirmation of Rental
income for Investment property |
|
|
Copy of current or proposed
Lease Agreement |
|
|
Section 32 - Contract of
Sale |
|
| |
|
|
| Refinancing? |
|
Last 6 months loan statements
(some lenders will require 12 months) |
|
|
Confirmation of rental
income for Investment property |
|
|
Copy of Rates Notice |
|
|
Copy of current or proposed
Lease Agreement |
|
|
Copy of Certificate of
Title |
|
| |
|
|
| Are you
building or developing a property? |
|
Section 32 - Contract of
Sale |
|
|
Fixed price building contract |
|
|
Plans and Specifications |
|
|
Drawdown/Cashflow schedule |
|
|
Copy of current or proposed
Lease Agreement |
|
|
Copy of Certificate or
Title |
|
|
Evidence or pre-sales |
|
| |
|
|
| SPECIAL CIRCUMSTANCES |
|
| |
|
|
| Will there
be someone acting as Guarantor for your loan? |
|
|
Each guarantor will need
to provide similar (and full) information as the applicants |
|
| |
|
|
| Have you
been gifted funds that will be used to complete the purchase? |
|
|
A signed letter from the
person(s) gifting the funds, stating the funds are a gift
and are non-returnable |
|
| |
|
|
| Do you have
an adverse credit history? |
|
|
Letter stating details
of debt including amount, date of occurence, amount paid
or unpaid, and reason for debt |
|
| |
|
|
| Are you
receiving a divorce settlement that will be used to complete
the purchase? |
|
|
A copy of the settlement
contract |
|
| |
|
|
| Is the property
you are purchasing, under a Company Title? |
|
|
Memorandum and Articles
of Association |
|
