INFORMATION REQUIRED BY LENDER


The following is typical information required by a lender of money to buy real estate:

• details of your current income. two most recent original pay slips and group certificates for the last two years, or a letter from your employer(s) detailing income for the last two years and length of employment, or if self employed, your last two years' tax returns or financial statements and your accountant's details.
• statements or passbooks for any savings, investment or transaction accounts, covering the last three months.
• any investment certificates you have.
• a list of any other significant assets you possess such as jewellery.
• statements or details of any outstanding borrowings, such as other home loans, personal or instalment loans and credit card borrowings, covering the last six months.
• details of life insurance policies and superannuation entitlements.
• three forms of identification, such as passport, birth certificate, driver's licence or credit card. these may not be required if you are an existing lender customer who has previously been identified.

Not only can you get the essential home insurance on your property, but also for contents and for repayment of your loan (in the event of death or total and permanent disablement).