Checklist Of Loan Documents
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Documents Consultant in Bentleigh
Loan Documentation Expert Assistance in Bentleigh - Your Ultimate Partner
At Bentleigh, we understand that loan documentation can be a complex and overwhelming process. That’s why we offer expert assistance with loan documentation, making the process as smooth and hassle-free as possible. Our team of consultants has years of experience in the lending industry and understands the intricacies of loan documentation. We provide personalized solutions tailored to your specific needs, ensuring that your loan documents are accurate, complete, and submitted on time. Whether you’re a first-time borrower or a seasoned business owner, we are your ultimate partner for loan documentation. Trust us to provide you with the expert guidance and support you need to maximize your chances of loan approval and secure the funding you need to achieve your goals. With Bentleigh’s trusted loan documentation consultants by your side, you can rest assured that your loan documentation is in good hands.
Our company has a documents consultant available in Oakleigh, Chadstone, Clayton, Moorabbin, and Mount Waverley to help you with your loan and property processes.
Here’s a checklist of required documents
Most lenders follow a similar process when it comes to approving loans, so they generally need the same documentation.
To keep the process moving forward, it helps to bring the documents listed below to the meeting with your broker. This can help fast-track your loan application.
This is a general checklist and you may not need some of them. We can help show you which ones you need.
Personal identification
- A current Passport or Birth Certificate
- Driver’s Licence. (Please note if these documents are in your maiden name, you will also need to provide a copy of your Marriage Certificate.)
- Other documents that will be useful: a Medicare card, Credit card, ATM/Debit card, Council Rates Notice, Pensioner Concession card, Health Care card, Tertiary Student ID card.
Income details
- The two most recent payslips from your employer. (Ideally these will show the company name, number of payslip and year-to-date income figure).
- The most recent Group Certificate from your employer.
If self employed:
- Rental income statements or bank accounts showing rental income for any investment properties
- Proof of share dividends or interest earned
- Centrelink letter confirming family tax benefits
- Centrelink letter confirming permanent government pensions
- Private pension group certificate or statement
- Proof of any other regular, ongoing income.
Additional documents for refinancing
- Documentation on your existing loan including the date the loan commenced, loan period and any financial penalty payable if you exit the loan early
- Statements for the last six months for any existing home loans and personal loans
- The most recent Council Rates Notice and building insurance policy on the property or properties being offered as security.
Credit cards - If you have credit card debt, statements for the last six months.
- If you don’t owe anything on your credit card, the most recent statement.
Additional documents if you already own a home
- Statements for the last six months for any existing home loans or personal loans
- Your most recent credit card statement
- Copy of the Contract of Sale for the property you’re buying
- Statements for the last six months to show your savings/investment history. (This could include share certificates, savings account statements, term deposit statements, etc.)
- If other funds are being used for the purchase, evidence showing where the funds are held.
- If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.
Additional documents for First Home Buyers
- Statement for your First Home Saver Account, if you have one.
- Statements for the last six months to show your savings/investment history. This could include share certificates, term deposit statements, etc.
- If other funds are being used for the purchase, evidence showing where the funds are held.
- If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.
- Your most recent credit card statement.
- Copy of the Contract of Sale for the property being purchased.
Additional documents for investors
If you already have investment property/ies:
- Evidence of income such as rental statements.
- A copy of the tenancy lease.
- A Council Rates Notice.
- A letter from a property manager indicating likely rent for the new property.
- Statements for the last six months to show your savings/investment history. This could include share certificates, term deposit statements, etc.
- If other funds are being used for the purchase, evidence showing where the funds are held.
- If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.
- Your most recent credit card statement.
- Copy of the Contract of Sale for the property being purchased.
Additional documents for investors
- A copy of a valid builder’s fixed price tender, including all specifications.
- A copy of Council approved plans.
- Statements for the last six months to show your savings/investment history. This could include share certificates, term deposit statements, etc.
- If other funds are being used for the purchase, evidence showing where the funds are held.
- If other funds are being given to you, which are not already in your bank account, you will need a Statutory Declaration from the person giving you the money.
- Your most recent credit card statement.
- Copy of the Contract of Sale for the property being purchased.
