Home Loan Documents
Why are banks so particular about your documents?
When assessing a home loan application, banks tend to be very picky about the documents provided.
All of the documents must be up to date, legible and must support the information you have provided on your application.
Lenders want to be sure that they are assessing your situation in the correct way, if the information they are assessing is incorrect then their decision to approve or decline your loan will be compromised.
What documents do banks need?
When applying for a loan you’ll be asked to provide income evidence such as payslips, a letter from your employer, tax returns or a notice of assessment as well as statements to show your deposit or the existing loans that you have and even ID to confirm who you really are.
Find out what rules they have for different documents
This section of the website is dedicated to providing templates for different letters required by banks as well as explaining the rules that apply for how old other documents are allowed to be.
As a general rule if the documents are more than 6 weeks old at the time the bank assesses the loan then they will need updated copies before they make a final decision.