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

Identification Paperwork -

• A copy of your drivers licence, back and front
• A copy of your passport
• If you have changed your name, a copy of your change of name certificate or marriage certificate.
• If you are a permanent or temporary resident, we may require a copy of your visa grant approval.

Income Verification Paperwork –

• Each applicants latest two payslips
• Your latest payment summary or group certificate maybe required
• A bank may require a copy of your employment contract or an employment letter confirming your employment conditions.
• If you are self employed 1 or 2 years financials and tax returns, plus your ATO notice of assessments.

Savings account and other loan commitments paperwork

• Your latest 1 to 6 months bank statements for all savings / deposit accounts.
• If you have a credit card, the latest statement
• If you have other loans, like a car / personal or other home loan, the latest 6 months statements.
• If you have a HECS / HELP debt, a My Gov print out of your current balance.

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 your bank or lenders requirements.

If you would like some more information about what paperwork is required for a home loan application, please contact Perth Mortgage Broker Group , or call Troy on 0411 229 602, 7 days a week