When you're dreaming of buying a new home, the journey starts with getting your mortgage sorted. At The Happy Finance Company, we're here to make this process as smooth and joyful as possible. Here's a guide to the documents you need to gather to help make your home loan application a breeze.

Proving your identity

First things first, let's confirm you're you! In today's digital age, verifying your identity can often be done online, making it a quick and easy first step. You'll need at least one of the following:

• A current passport
• Your driver's licence
• Birth certificate
• Medicare card

This step is crucial for ensuring everything else falls into place smoothly.

Showing your income

Next up, we need to see that you have the means to make your loan repayments. This involves providing proof of your income through documents such as:

Your expenses and spending habits

Understanding your monthly expenses helps us gauge your borrowing power. For this, a detailed account of your outgoings is required, including but not limited to:

• Household bills and utilities
• Groceries and dining out
• Insurance premiums
• Childcare or education costs
• Transport and vehicle expenses

A thorough review of your bank statements can help ensure all bases are covered.

Assets and liabilities

Your assets and liabilities paint a picture of your financial health beyond just income and expenses. Here's what we'll need:

Providing a complete overview of your assets and liabilities helps us assess your loan application accurately.

Extra bits and pieces

Depending on your specific situation, there may be a few more documents required. For instance:

• If you're refinancing, details of your current loan and any relevant statements are necessary.
• For construction loans, building contracts, council-approved plans, and builder's insurance are among the documents needed.

These documents are really importants

Gathering these documents might seem like quite the task, but it's a crucial step towards unlocking the door to your new home. Here at The Happy Finance Company, we're dedicated to making this process as joyful and efficient as possible. That's why we've introduced a state-of-the-art, secure document upload portal, allowing you to submit all your necessary documents online in just a few clicks. No need for printing, posting, or scanning hard copies, saving you a significant amount of time and hassle.

Remember, each document plays a vital role because banks use this information to assess your mortgage application. By providing a complete and accurate set of documents, you're paving the way for a smoother approval process.

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