: : : Checklist
The following information is required from our clients to process our applications.
Two verifications of Income (any two of the following):
- Consecutive Payslips Times Three (less than one month old)
- Personal Tax Returns for the last two financial years
- Letter from employer to verify employment and salary
Confirmation of Genuine Savings:
- Bank Statements - Six Months (Home Loan Only)
- Statements of Managed Funds / Share Portfolio etc
Refinancing / Debt Consolidation:
- Bank Statements of Loans to be Refinanced (Six Months)
- Credit Card Statements (Six Months)
- Store Card Statements (Six Months)
Business / Commercial Loans:
- Financial Statements (Two - Three Years)
- Directors Personal Tax Returns (Two Years)
- Projected Cash Flow (12 Months if Held)
- Interim Financials (if Held)
- Business Plan / Group Structure
- Signed Statement of Position for all Directors
- Copies of Working Account Bank Statements (Six Months)
: : : Tips
- Obtain a pre-approval prior to searching for a property
- Obtain a bridging loan prior to contracting to buy a new family home
- Increase your borrowing capacity by reducing your credit card limits and small debts
- If you are unsure about your credit file (defaults and judgments) contact Baycorp Advantage Ltd to arrange a copy (02) 9464 6000
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