Preparing documents early helps first home buyers move faster when the right property appears. Lenders assess your identity, income, savings, and existing commitments.
Identity and personal details
- Photo ID (driver licence or passport)
- Medicare card or secondary ID where required
- Current address history
Income evidence
PAYG employees: Recent payslips (usually 2), employment letter, and last tax return if requested.
Self-employed: Two years tax returns, financial statements, and BAS/statements may be required.
Savings and deposit
- Bank statements showing deposit funds (often 3–6 months)
- Evidence of genuine savings or gift/deposit source declarations
- Statements for other assets (shares, super if applicable)
Liabilities
- Credit card limits (not just balances)
- Personal loans, car loans, HECS/HELP
- Buy-now-pay-later accounts
Property details (once you find a home)
- Contract of sale
- Rental estimates if applicable
Tip
Pre-approval before you bid or offer gives you a clearer budget and stronger confidence at inspections.
