Documents Required When Applying For a Loan
To apply for a loan you will be required to provide us with the following documents:
Identification
Category 1
One of the following documents
Driver's License
Passport/International Travel Document
Proof of Age Card/Birth Card from Births, Deaths & Marriages (includes photo and signature)
or a combination of a Category 2 plus a Category 3 document
Category 2
Birth Certificate or Extract
Citizenship Certificate
Pension Card
Category 3
Government Financial Benefits Notice
Australian Taxation Office Notice
Local Government or Utility Notice
Proof of Income
Wage and Salary earners
The most recent Statement of Earnings or Tax Assessment Notice plus one of the following:
A payslip that is no more than 4 weeks old covering at least 2 pay periods (eg. Year to Date) or where the payslip does not provide the required two pay periods, a minimum of 2 current consecutive payslips
A current letter from your employer on their letterhead & signed stating your gross income, length of employment and employment status together with your most recent Statement of Earnings from that employer.
Where overtime or allowances are included in your regular income, confirmation that it has been consistent for at least 6mths (eg. Latest Statement of Earnings or Current YTD figure)
Self Employed Applicants
Personal tax returns plus your business entity's tax returns, financial statements and the corresponding Statement of Earnings (Tax Assessment Notices) for the two most recent financial years
Family Tax Benefit
Statement of income/letter from Centrelink, no more than 4 weeks old, showing the type of benefit received and the information used by Centrelink to calculate the payment
Child Support
A copy of your latest assessment form provided by the Child Support Agency and 6mths payments evidenced via savings statements
Rental Income*
A current letter or statement from the Managing Real Estate Agent OR
A current letter from a Real Estate agent stating a fair and reasonable rental estimate OR
Latest taxation evidence of rent currently being earned (Must be less than 12mths old)
* Where income is received for a serviced apartment or a holiday rental, evidence must cover the last 12mths
Evidence of Current Loans
Documents confirming that any loans you currently have are up to date eg. Recent statement showing name, account number, monthly repayment, credits, debits & loan balance
Most recent statement for credit/store cards and interest free loans
Assets
Real Estate - Land Rates Notice, Water Rates Notice or Title Deed
Motor Vehicles - Registration Papers or Receipt of recent purchase
Savings or Shares - Copy of the latest statement or Holding Certificate
Superannuation - Confirmation of any unrestricted non-preserved portion
Residential Status
Home Owner/Buyer - Copy of latest Land Rates Notice, Water Rates Notice or Title Deed
Home Renter - Evidence of the total amount of rent and that it is paid up to date eg. Copy of rent receipt
Boarder - Letter from parent or guardian confirming residency status
Refinance and Consolidation Loans
Statements for the last 6 months for home loans being refinanced
Statements for the last 3mths for personal/consumer loans
Most recent statement for credit/store cards and interest free loans
Evidence that council rates, water rates and body corporate levies (if applicable) are paid up to date
A current House Insurance policy (if your home is being used to secure the loan)
A copy of your previous loan contract or facility agreement (if you are claiming a stamp duty exemption on a mortgage loan)
Property Purchases
Evidence of your deposit
6 months of savings account statements or
Proceeds of sale letter from your Solicitor or
A statutory declaration for any gifts being provided to you
A certified copy of the contract for sale
Construction Loans
Copy of fixed price building contract
Council approved plans and specifications
Home Improvements
Quotes for any work being completed
Copy of quotes and council approved plans of any structural improvements (eg. adding to existing home or erecting a garage)
New Boat, Caravan or Motor Cycle, New or Used Car Loans
Private Purchases (cars Only)
Current registration papers
Vehicle inspection certificate required for loans in excess of $60,000
Dealer Purchases
Dealer's invoice
If you already own the Car
Current registration papers
Comprehensive insurance policy

