Incomplete paperwork is the number one cause of slow approvals. Have these ready before you apply and you move through the queue at full speed. This is the standard employee (PAYG) list; self-employed borrowers need a different set.
Identity
- Driver licence or passport (usually both for 100 points).
- Medicare card as secondary ID.
Income
- Two or three most recent payslips.
- Most recent PAYG payment summary or tax return, especially if you earn overtime, bonuses or allowances.
- Employment contract or letter if you started recently.
- Rental statements and, for other income, the paperwork behind it.
Financial position
- Three months of statements for your everyday and savings accounts.
- Statements for every debt: credit cards, car loans, personal loans, HECS balance.
- Evidence of your deposit, including a gift letter if family is contributing.
For the property (once found)
- Signed contract of sale.
- Building and contents insurance certificate before settlement.
Three tips that speed everything up
Download statements as PDFs from your banking app rather than screenshots. Keep your spending tidy for the three months of statements lenders will read. And tell your broker about anything unusual up front: an explained quirk is fine, a discovered one costs a week.
Want it painless?
Send Nathan the checklist once; he packages it to each lender’s exact requirements and chases the approval for you.
Book a free consultation →