What Type Of Paperwork Do You Need For A Homeloan?

This is a question I receive all the time, what type of paperwork do I need for a home loan application. It really depends on your personal situation, as there are different types of paperwork required, depending on what you want to do.

Lets have a look at the possible type of paperwork required for a mortgage application –

1/ Each applicants latest two payslips

2/ 1 or 2 years financials, if you’re self employed (and its not a lo doc home loan)

3/ Your latest payment summary or group certificate maybe required

4/ Your latest 3 to 6 months bank statements where your deposit is held

Your most current Council rates notice (if your refinancing)

5/ Statements for any other credit commitments (Like credit cards or personal loans)

6/ 100 point of Identification is required (Like your drivers license, passport, etc)

7/ A letter from your employer maybe required, confirming your employment contract or conditions.

This is a general idea of the type of paperwork that maybe required. You may not need all that, or you may need more, depending on what you want to do, and you bank or lenders requirements.

If you have any comments or questions, please leave them below. If you would like more personal home loan information, or to use my services as a mortgage broker, please contact me anytime.

http://www.mortgagefacts.com.au/