Documents needed for home Loan ApplicationThe documents needed to apply for a home loan
Loan application documents | Commissioning of a loan
To review your credit application, we may ask you to submit some additional documents along with the necessary business plan, cash flow forecast and personal survival budget. More information about the different kinds of documents you may be asked for and the eligibility requirements they may have can be found by following the link below.
Cables are open on workdays from 9.00 to 18.00, except on public holiday.
Always needed documents
Essential Application Information - Whether the creditor is using an application template or only needs the provisional e-mail detail, they need to know the name and essentials. A full application is always prepared in order to give the creditor a clear idea of what the deal is about. Reviewing account statement data over several month will give the creditor a better insight into your finances.
As a rule, when you apply for an owner-occupied company mortgages, you will be asked for the following: Account statement is not necessary when a company is bought together with its facilities. Detail of likely changes in your prospective revenue or earnings - If the company's outlook deviates significantly from the present situation, the creditor will want to know.
A complete rental agreement is always needed without pages being omitted. If you own other assets, the creditor will want the following for each asset to give you an idea of the overall condition of the portfolio: Even though some creditors do not need the above information on every application, they are prompted to almost every application.
Providing the borrower with a complete application package makes it much simpler for him to say "yes". Preparing the documents in advance and you can make a powerful first impact on the creditor, which increases your chance that your application will be accepted.