Documents required when applying for a home loan

At Time2Refinance, our mortgage broking services take the time, research and hassle out of finding your ideal loan. We have access to over 30 lenders, we may be privy to loans that may not be available to everyone, and can sometimes negotiate better deals.

We work to narrow down and pinpoint the home loan best suited to your individual circumstances.

Below is a handy general home loan document checklist, which makes the home loan application, or home loan pre-approval, process much easier and faster.

Some requirements may differ, but we can advise of the exact documents required when meeting with us.

Income Details

PAYG:

  • Two most recent payslips from your employer. The payslips should, preferably, show the employer name, payslip number, and year-to-date income figure.
  • The latest PAYG payment summary (group certificate) received from your employer.

Self-employed:

  • Your personal and business tax returns and ATO assessments for the past two years.
  • Any extra income details

We may also require (depending on any further income that you receive):

  • Investment property – bank statements showing the rental income received
  • Shares or dividends – proof of any interest received
  • Family tax benefits – Centrelink confirmation letter
  • Permanent government pensions – Centrelink confirmation letter
  • Private pension – group certificate or statement
  • Any other regular, ongoing income – confirmation statements

Personal Identification

  • Birth certificate or current passport

  • Drivers licence

  • Other beneficial documents –

    Medicare card, bank card, utility notices, Council Rates Notice, concession cards, health care cards, tertiary student ID card.

    Please provide a copy of your marriage certificate should any of the required documents be in your maiden name.

Depending on your situation, you may also need to have the following documents ready for the home loan application process:

First Home Buyer

  • Most recent bank account statements
  • Most recent credit card statements
  • If any other funds are contributing towards the purchase, supporting evidence of this
  • If you have found the property, a copy of The Contract of Sale/Offer of Acceptance
  • If any funds are being provided to you to put towards the purchase, and if these funds are not already in your bank account, a Statutory Declaration will be required

Home Buyer

  • Account statements for all home and personal loans for the past six months
  • Latest credit card statement
  • Savings and investment history (statements/certificates, etc.) for the past six months
  • If you have found the property, a copy of The Contract of Sale
  • If any funds are being provided to you to put towards the purchase, and if these funds are not already in your bank account, a Statutory Declaration will be required

Refinancing

  • Account statements for all home and personal loans for the past six months
  • Credit card statements for the past six months
  • All relevant information and documents for your existing home loan(s)
  • The latest Council Rates Notice and building insurance policy for the property

Property Investment (If you already own an investment property)

  • Proof of income (e.g. rental statements)
  • A copy of the tenancy lease
  • The latest Council Rates Notice
  • If you have found the property, a copy of The Contract of Sale
  • A letter from a property manager which indicates the estimated rental return for the new property

We support you through the entire home loan process

Once we’ve located the right home loan for your needs, should you wish to proceed with the application we will prepare all of the paperwork on your behalf. We support you through the entire application and settlement process.

We support you beyond your home loan approval – if we find a better financial option suited to you down the track, we will let you know about it then and there, rather than waiting until your next review period.

At Time2Refinance we’re always working in your best interest.