Understanding Finance

 

Home Loans Checklist:

This is a list of items Australian bank require before you can apply for loans.

Item Required details
Personal ID
  • A recent photo (eg. Drivers Licence), or
  • 100 point identification for new customers
Proof of income
  • 3 most recent pay slips or financial statements for the past 2 years if you are self-employed
Proof of residence
  • rates notice if you are a home owner
  • rent receipt or tenancy agreement if renting
  • home loan statement
  • written statement of board amount if boarding
Proof of current liabilities
  • credit card statements
  • charge card statements
  • personal loan statements
Proof of other bank accounts (if you have them)
  • savings account statements
  • term deposit statements
  • managed fund statements

 

New Finance Articles Date
Payday Loans Sept 2008
Pawnshop Loans Sept 2008