Having the right documents ready can make a home loan application easier to assess and reduce back-and-forth with the lender. The exact requirements vary depending on the lender, loan type and your circumstances, but this checklist covers the information commonly requested for home purchases, refinancing, investment loans and self-employed borrowers.
Use it as a general guide before speaking with your broker. My Broker & Co can then confirm which documents apply to your individual application.
Most lenders need to understand your income, expenses, assets and existing financial commitments. Having the right documents ready can help your broker prepare the application and reduce delays.
You may not need every document below. Requirements vary by lender and whether you’re buying, refinancing, investing, building or self-employed.
Lenders will usually need documents to confirm your identity. This may include a current passport, driver licence, birth certificate, Medicare card or other accepted ID. If your name has changed, you may also need supporting documents such as as marriage certificate.
Recent payslips, bank statements and employment details are commonly required. Self-employed borrowers may need tax returns, notices of assessment, financial statements or BAS records.
You may need savings statements, proof of deposit, investment details and evidence of any gifted funds being used toward the purchase.
Lenders may ask for details of credit cards, personal loans, car finance, HELP debt, existing mortgages and regular household expenses.
Recent mortgage statements, current loan balance, interest rate, repayments and details of any debts being consolidated may be required.
You may need evidence of your deposit, savings history and documents relating to any first home buyer grants, concessions or guarantee schemes.
Rental statements, lease agreements, property management statements or rental appraisals may be required alongside your normal financial documents.
You may need your building contract, plans, specifications, approvals, builder details and progress payment schedule.
If you already own property, lenders may ask for recent mortgage statements, property details, rates notices and rental income information where relevant. If you plan to use equity toward your next purchase, the lender may also require a property valuation.
Once you’ve found a property, you may need to provide the signed contract of sale, property details, deposit information and your solicitor or conveyancer’s details. The lender may also arrange a valuation before giving final approval.
Bringing the right documents can help speed up your loan application.
If you’re unsure what you need, we’ve got you covered.