Preparing For Your Mortgage – Documentation

Date Published: 3 August 2020

Documentation you may need:

• A copy of your current passport (or driver license and birth certificate).
• If you are employed:
  • your 3 most recent payslips.
  • 2 years confirmation of any bonuses you receive.
• If you are self-employed:
  • accountant prepared financials.
• 3 months of your spending account statements (Note: these must include the bank accounts that receive your wages).
• 3 months of your savings account statements.
• A printout or screenshot showing the balance of any KiwiSaver accounts (only required if you plan to use KiwiSaver for your deposit).
• If you are receiving a gift from your family:
  • A copy of a gifting declaration (we can provide a template for this if you require. Contact your mortgage broker to get a copy).

The above probably looks like a lot of documentation! But it actually amounts to: ID, income, bank statements and proof of deposit.

Optional documents:

These documents aren’t necessary at the approval stage. However showing them can make the bank more relaxed about your application.

• If you are looking at a specific property, provide any property documents you have. Usually this arrives as a tender pack or an auction pack from the real estate agent.
• If you are purchasing the property in a trust:
  • a copy of the trust deed.
• If you have a student loan:
  • a copy of your student loan balance from the IRD website.
• If you are purchasing an investment property:
  • a copy of a rental assessment from a rental firm or a real estate agent.

Any bank that receives this information at the time of the application will happily assess your file as quickly as possible.

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