Wollongong Mortgage Broker

Supporting Documents Checklist

Supporting information to be submitted with your loan application

(please print off and tick the box to indicate what information you will be providing)

	Identification (borrowers and guarantors)
p	100 points (min) supplied in the same surname of the party being identified.
	Income: PAYG – Salary (including F/T, P/T and casual)
p	2 computer generated pay slips less that 60 days old; OR
p	letter from employer less than 60 days old; & most recent PAYG payment summary (Group Certificate)
	Bonus Income and/or PAYG Overtime
p	1 computer generated pay slips less that 60 days old with the Year to Date income shown;
	and any one of the following:
p	letter from employer less than 60 days old; or
p	most recent PAYG payment summary (Group Certificate) OR
p	2 most recent PAYG payment summaries (Group Certificate)
	Rental Income
p	Copy of current lease agreement; or
p	Recent managing agent statement; or
p	Letter from Real Estate Agent; or
p	Most recent tax return
	Self Employed
p	2 most recent business taxation returns or business financials up to 24 months old
	Note: Business financials are to be accountant prepared, actual (not draft or extracts) and in full (i.e. trading, profit and loss, balance sheet, etc); and two most recent personal taxation returns and Tax assessment notices for taxation returns.
	Existing Loan/Debt/expenditure details
p	Current statement covering 6 months for mortgage related loans being refinanced
p	Current statements covering 2 months for non mortgage debts (e.g. Credit Cards and personals loans)
p	For rental expenditure a copy of your rental statement or Lease Agreement
p	Current statement covering 6 months for mortgage related loans not being refinanced
	Purchase, Refinances and Other Security
p	Copy of the Contract of Sale or Offer and Acceptance
	Note: a copy of the exchanged contract of sale signed by the vendor and purchaser is required prior to settlement. Confirmation that sufficient funds to complete the purchase are held. (Where a gift or family loan is part of the borrowers equity, a letter from the gift/ loan provider is required stating that either the gift is unconditional or setting out loan conditions or repayment terms.)
	Refinances
p	Copy of current Rates Notice on properties to be taken as security.
p	Where applying for NSW Stamp Duty Refinance Exemption provide: Original or copy of the loan statement for the other institutions credit facility
	FHOG (First Home Owners Grant)
p	Original certified copies of ID and Contract of Sale (refer to acceptable ID on FHOG form)
p	Original FHOG application to be forwarded
	Construction
p	Copy of Tender
p	Copy of signed and dated Building Contract
p	Stamped Council Approved Plans
p	Construction Certificate
p	Builders Insurance (Certificate of Currency)
p	Builders Indemnity/ Public Risk Insurance
p	Slab survey may be required prior to 1st Progress Payment
	Guarantors
p	Satisfactory income evidence for guarantors
p	Security Support – Rates notice of property used as security
	Company/ Trust (Allow additional time for loan to be approved)
p	Annexure for Company/ Trust home loans completed
p	Copy of certified/ dated trust deed (legal fees will apply when reviewed by lenders legal group)
p	100 point check for personal trustees, guarantors and borrowers
p	Past 2 years balance sheets and profit and loss statements of the company(ies) and/ or Trust(s)
p	Past 2 years personal tax returns for Director(s)/ Trustee(s) included in the home loan
	Power of Attorney
p	Original certified copy of a Registered Power of Attorney prior to settlement
	Company Title (Allow additional time for loan to be approved)
p	Articles of Association
p	Share Certificates
p	Copy of lease or license between company and shareholder giving the shareholder the right to occupy subject unit
	Note: Other documents and information may be required from time to time, which are individual lender requirements which are required to assess your loan. You will be notified to provide the additional requirements