Documents Checklist
What you’ll need
Before unconditional approval can be granted there are several documents that the lender will need to see. Your Nectar broker will tell you exactly what’s needed but here is a guide.
Standard documents needed
Requirements may vary slightly from lender to lender but the following list is fairly standard:
- Your driver’s licence
- Passport
- Bank statements for the last six months
- Your most recent credit card statement
- Proof of income; either:
- Two consecutive pay slips showing YTD earnings OR
- A letter from your employer confirming your salary, your last Group Certificate and your last Tax Assessment Notice
If you're self employed
To verify your proof of income you will most likely need to supply:
- Latest Tax Assessment Notice AND
- Personal Income Tax Returns for the last two years AND
- Tax returns and accounts for the last two years
Refinancing
The lender will want to gauge the value of your property and how much equity you have. They will probably want to see:
- A copy of all loan statements for the last 12 months AND
- Proof of ownership e.g. a rates notice
Buying an investment property
The lender will need to assess your rental opportunity. You’ll therefore need to include:
- A letter from a real estate agent confirming expected rental OR
- A copy of the current Lease Agreement OR
- Recent rental statements
Your Nectar home loan supports children's cancer research
We’ve joined the Children’s Cancer Institute on their mission towards Zero childhood cancer. Our Nectar brokers will make a generous donation to the charity’s research on your behalf whenever you take out an applicable home loan.
Aussies love Nectar
This is what our home loan customers have to say about us:
Jeff was not only professional, friendly and patient, he explained our options and sourced the best loan on the market for our situation. We couldn't be happier.
Alison TatnellWe didn't have an easy application to deal with, but due to Mike's excellent knowledge and experience he kept us calm and most importantly got us our house. (He even worked on a Saturday night sorting things out, despite it being his birthday!)
Lyndsay BueningHaving previously only dealt with banks, Lee offered a professional and personal service that helped streamline the process of changing lenders and eliminated the run around.
Michele & Brian MathewsThrough the extra savings on our mortgage, not only have we have managed to renovate our home, we are also getting a pool installed!
Jaramey & JulieIt was our first time using a broker rather than going direct, and Tim was able to arrange a better interest rate than our own bank!
Sarah HartIt is really refreshing to work with a mortgage broker who is truly interested in their client's needs. What really impressed me was your in-depth knowledge and your common sense approach in helping me being able to purchase my first home.
Lynn McLean