Application checklist

Salary/wage earner

Your last two consecutive pay slips with:

• Details of each component of your income
• Current and year to date gross and net income
• Your name and your employer’s name

or alternatively, any two of the following:

• Salary or employment letter from your current employer confirming length of employment, your gross basic wage together with any other components relating to your salary
• Most recent employment contract which identifies your name, employer’s name and gross basic wage together with any other components relating to your salary
• Latest payment summary/group certificate, tax assessment notice or tax return
• Evidence of consistent income amount regularly deposited to your bank account
• Latest pay slip which identifies your name, employer’s name and your gross and net income.

Self-employed

• Copies of your personal income tax returns and full financial statements for the past two years, and the most recent financial year’s Assessment Notice, which is no older than 18 months at the date of application.

Rental Properties

• If you’re purchasing a rental property, provide us with a letter from a real estate agent indicating the anticipated rental income
• If you have a property that is already tenanted, you will need to provide us with a copy of the current Residential Tenancy agreement and recent bank statements showing rent payments, or a rental statement from the managing real estate agent.

Centrelink Payments

• A letter from Centrelink (or Department of Social Security, or equivalent) detailing your current entitlements, together with a printout of direct credits into an account which verify receipt of Centrelink payments.

Commission/bonuses

• Details from your employer or payments received over the last 2 years
• Copies of your tax returns for the corresponding 2 year period.

Maintenance

• A copy of the Court Order and a current statement from the Child Support Agency showing amounts received, together with copies of current statements showing payments over a 6 month period.

Loans and cards with other financial institutions

• Details of other loans (e.g. credit card statements, personal loan statements).

Expense details

• Details of any extraordinary expenses (e.g. private school fees, maintenance payments).

Loans and cards with other financial institutions

• Details of other loans not being refinanced by this loan (e.g. housing/investment loans, personal loans, car loans, credit card and/or store card debts). Statements covering at least 1 continuous month prior to the application (most recent no more than 6 weeks prior).

Rent /Board

Any one of the following:

• Current signed and dated lease/rental agreement (no older than 12 months) detailing the rental amount, frequency/cycle, property address and name(s) of tenants.
• Letter from licensed property manager/agent (no older than 3 months) detailing the rental amount, frequency/cycle, property address and name(s) of tenants.
• Rental ledger from licensed property manager/agent (no older than 6 weeks) detailing rental amount, frequency/cycle and name(s) of tenants.
• Bank statement or transaction listing (no older than 6 weeks), covering 2 payment cycles, with a detailed narrative which aligns to the rental outgoing and detailing the rental amount and payment date. Account number/account name must be able to be matched to the applicant.
• For Board only – Statutory declaration made by the relevant applicant(s).

Child Support/Spouse or De-Facto Maintenance

Any one of the following:

• Court order or child support agency letter dated within last 12 months confirming the amount of the ongoing obligations.
• Bank statement or transaction listing covering 2 payment cycles.

Expense details

• Details of all ongoing  expenses (e.g. clothing and personal care, education, groceries, insurance, investment property–utilities, rates and related costs, owner occupied property–utilities, rates and related costs, medical and health, recreation and entertainment, rented property–utilities and related costs, telephone, internet, pay TV and media streaming subscriptions, transport or other unique items not covered in any of the categories).

Housing construction/renovation

• A copy of an itemised tender/quote signed by the licensed builder, showing the builder's license number. This tender must be dated within the last 14 days and must state that the price will remain firm for at least 60 days.
• If a deposit has been paid, a copy of the deposit receipt.

Plans and specifications

• Council approved plans and specifications before building starts.

Purchasing an existing property or vacant land

• A copy of the Contract of Sale from the selling agent. If a valuation is required, we will arrange it.
• A copy of the deposit receipt, showing the full, agreed purchase price and balance owing, or a copy of the front page of the signed Contract of Sale.

Refinance

• Copies of current loan statements for your existing loan for a period of at least the last 6 months, with the date of the last transaction being no more than 4 weeks old.
• eStatements are acceptable; however, at least one original loan statement must be provided.

Borrowing against the equity in your current home.

• Copies of your latest water and council rates.

Paying out a joint owner

• A copy of a solicitor's letter stating the amount required to pay out the other owner
• If you need to comply with an Order under the Family Law Act or De facto Relationship Act, you’ll also need a copy of the Court Order.

First Home Owner Grant Details

• If you’re eligible, we can help you with your application, and lodge it on your behalf.

Strata title

• If you’re buying a strata title unit, a copy of the registered Strata Plan.

Company title

• A copy of the Memorandum and Articles of Association of the company
• A copy of the minutes of the last three meetings held by the shareholders
• The name and telephone number of the company secretary
• A copy of the share certificate.

If your loan will be in a Company Name or Trustee

• A copy of the Memorandum and Articles of Association of the company
• A copy of the share certificate
• A Copy of your current Family/Unit Trust Deed.

Other Proof of deposit

• Gifts from family and friends – any gifts of money must be deposited into your St.George savings account before you lodge your home loan application
• Sale of assets (other than real estate) – you’ll need to show evidence of the sale and deposit the proceeds into your St.George savings account before you lodge your home loan application.

Download this home loan application checklist (PDF 98KB)