Documentation Required to Apply for a Home Loan or Line of Credit

When applying for a Wide Bay Australia home loan or line of credit the following items will be required with your loan application:

(A) Owner-Occupied Home Loan, Investment Loans, Loans for Vacant Residential Land

• signed contract of sale
• a receipt for the deposit paid
• verification of your income – such as a pay advice, group certificate, taxation return for self-employed persons, or financial statements for the previous 2 years (minimum)
• evidence of savings – such as savings passbook, bank statements, investment certificates etc.
• payment of loan establishment costs (valuation / application fee)
• provide Wide Bay Australia with evidence of the identity of each Applicant (as required by the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006). (Identification is not required if you are a Signatory/Authority to Access on an existing Wide Bay Australia account and you have previously provided identification).
  Your identity can be verified by you providing your relevant identity documents in person at any Wide Bay Australia branch. Examples of acceptable identification documents are outlined on the Identification Requirements under the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 (PDF, 35KB). If you are sending your application by mail and you are unable to visit one of our branches, you will be required to lodge at your nearest Australia Post outlet, an Australia Post – Identity Verification Form (PDF, 155KB) along with your original and current identification documents as detailed on this form. 
• Incorporated entities, businesses and trusts etc are required to provide documentation as outlined on the Identification Requirements under the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act 2006 (PDF, 35KB).

B. Loans for Home Construction

• all items listed for A – plus
• a copy of the Plan
• satisfactorily completed specifications
• a quote for construction/copy of building contract

C. Loans involving Refinancing, Debt Consolidation, Home Equity Loans

• last receipted Rates Notice
• home insurance schedule
• minimum of last 6 months statement of any accounts being paid out
• verification of income (as listed in A)
• acceptable identification (as listed in A)

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