Loan application document checklist

The enclosed document check list covers most lender applications, however each mortgage application is unique, your ACA Mortgage Broker will advise which documents will be required for your particular application.


Personal identification

A total of 100 points of ID are required.

Primary Identification Documents = 70 points

  • A current Birth Certificate (not an Extract)
  • Australian Citizenship Certificate
  • Australian Passport (current or expired within the last two years)
  • International Passport (current)

Secondary IdentificationDocuments = 40 points

  • Australian driver licence or learners permit (current)
  • Australian photo firearms licence
  • State or federal government employee identity
  • Centerlink or social security card (current)
  • Department of veterans affairs card
  • Tertiary education institution photo identity

Secondary Identification Documents = 25 points

  • Medicare card
  • Property lease / rental agreement
  • Council Rate Notice
  • Property insurance papers
  • Motor vehicle registration / insurance
  • A financial institution debit / credit card
  • A financial institution passbook / statement

Please note if you have documents in different names you will need to provide supporting documentation of your change of name, Marriage Certificate, Divorce Certificate or Change of Name Certificate.


Income details

  • If you are an employee you will need to provide four recent consecutive payslips from your employer and your most recent Group Certificate from your employer.
  • For low doc / self employed applications,  proof of income will vary depending on the finance institution’s policies. In most cases you will require at least the last two year’s personal and business tax returns and ATO assessments. Some finance institutions may also accept Business Activity Statements (BAS) as proof of income.

If you have additional secondary income sources you will need to provide details.

  • Commission /Bonuses  – Payment details for 2 years from your employer and/or personal tax return for 2 years.
  • Investment Property – You will need to provide rental income statements or bank accounts statements as proof of income.
  • Investments – Shares, term deposits and saving accounts,  proof of dividends or interest earned must be provided.
  • Family Tax Benefits – A letter from Centrelink confirming family tax benefits.
  • Maintenance – A copy of the court order and statements from the Child Support Agency for a period of 6 months.
  • Pension – A letter from Centrelink letter confirming your pensions status.
  • Group Personal Pensions (GPPs) – certificate or statement.
  • Proof of any other regular, ongoing income.

First Home Buyers – additional documents

If you have never purchased a property before:

  • A copy of the Contract of Sale from the selling agent.
  • Deposit Savings Account – Statements with six months of saving history.
  • Other Savings Income – Statements with six months or your saving  (saving account statements, term deposits) or investment history (Share Certificates).
  • All credit cards credit limits and current balances.
  • Gifted Money – must show proof of deposit into your savings account along with a Statutory Declaration from the gifter.
  • Sale of Assets – must show proof of sale and deposit into your savings account.
  • Additional funds – if the purchase is being made with other funds you must provide documentation of where the funds are held.

Refinancing – additional documents

For an existing loan you will need to provide:

  • Statements with six months payment history of your current loan.
  • Loan commencement date and loan period.
  • Penalties payable if you exit your existing loan early.
  • Current Council Rates Notice and Water Utilities.
  • Current Council Land Valuation Certificate.
  • Copy of your Home Insurance Policy.
  • All credit cards and personal loans,  credit limits and current balances.

Accessing equity – additional documents

If you own your current home:

  • A copy of the Contract of Sale from the selling agent.
  • Current Council Rates Notice and Urban Utilities.
  • Statements with six months payment history of your current loan and/or personal loans.
  • Statements with six months or your saving  (saving account statements, term deposits) or investment history (share Certificates).
  • All credit cards credit limits and current balances.
  • Gifted Money – must show proof of deposit into your savings account along with a Statutory Declaration from the gifter.
  • Sale of Assets – must show proof of sale and deposit into your savings account.
  • Additional funds – if the purchase is being made with other funds you must provide documentation of where the funds are held.

Investors – additional documents

If you are starting out or already have a portfolio of investment property/ies:

  • A copy of the Contract of Sale from the selling agent.
  • Purchase Property  – A copy of the Council Rates Notice and Urban Utilities.
  • Rental Evaluation – A letter from a property manager indicating estimated rental income return
  • Rental Income – Statements to support rental income from existing investment properties.
  • Lease Agreements  – Provide a copy of the leasing or tenancy agreements.

Construction / Renovation – additional documents

If you are wanting to renovate your existing dwelling or construct a new home on vacant land.

  • A copy of an itemised tender/quote signed by the licensed builder, showing the builder’s license number. This tender must include a valid date that will cover your construction loan application process approx. 60 days.
  • With Construction finance the bank will make payments based on the contract payment schedule direct with the builder – you will not receive the funds personally. However if  you have already paid a deposit to the builder you will need to provide a copy of the deposit receipt.
  • Council approved plans and specifications before building starts.