What do I need to apply for a home loan?

Whether you're looking to refinance your mortgage or buy a new property, we've got a range of home loans to suit. Before you get started, find out what information you’ll need to provide and how you can apply.

Personal details

Don't worry, it's simple stuff. It includes your:

  • Name, date of birth, address and contact details
  • Employment details
  • Financial details (e.g. income, assets, details of other loans and rental commitments).

How to apply

You've got a few options:

  • Online - take a look at our range of loans and get started
  • We'll come to you - our Home Finance Managers are here to answer all your questions and walk you through the process. Make an appointment using our online form or call 13 17 19
  • We'll contact you - leave your details and we'll get back to you
  • Visit us - walk into any Bankwest branch and we'll help you out
  • Private Bank - if you earn over $250k individually, have $350k in joint income or $750k of lending, then you could benefit from our Private Bank service.

Ready for full approval?

Once you've had an offer accepted on a property, or you're ready to proceed with your refinancing, we'll need a bit more information from you.

New to Bankwest? We’ll need to ID you.

Visit your local Bankwest branch with an original or certified copy of one of the following:

  • One form of primary ID with a photo (i.e. passport or driver’s licence) or
  • Two forms of primary ID without a photo (e.g. birth certificate and government benefits card) or
  • One form of primary ID without a photo (e.g. birth certificate or citizenship papers) and one form of secondary ID (e.g. a utility bill).

For more detailed information, see a handy list of ID we’ll accept.
If you'd rather apply online, you can use our electronic ID check.

Income details

Here's what we'll need:

  • If you’re employed on a PAYG basis - your payslip(s) from the last 45 days (must display your employer’s name or last year’s group certificate or tax return)
  • If you’re self-employed - your two most recent Notices of Assessment from the Australian Taxation Office showing your earnings for these financial years. We may also need copies of your taxation and financial reports from your accountant. These must be from within 18 months of the application submission date
  • If you receive income from a self managed super fund (SMSF) - the most recent SMSF member benefit statement and a letter from your financial planner or accountant confirming you’re receiving payments from the fund
  • If you receive income from a retail or industry super fund – your most recent statement or super balance, including evidence of regular payments and three months’ statements showing credit to your bank account
  • If you get a pension – your most recent pension statement showing current payments
  • If you get income from a rental property – a signed rental tenancy agreement or three months’ worth of rental income credits to your bank account. You can also provide a rental statement from your managing agent from the past two months, or your two most recent tax returns where the property is already held
  • If you receive any additional income (such as Centrelink benefits or trust income) that you want to include on your application, we’ll need confirmation of this.

An idea of your expenses, assets and liabilities

We’ll need to see one month’s worth of statements for your everyday bank account.

If you have any debts (like credit cards, store cards, car loans or home loans) outside of Bankwest, we’ll need to see a month’s worth of statements for each one. The statements must be from the last 45 days and show your:

  • Name
  • Account number
  • Transaction history.

If you plan to contribute to the purchase price of your loan, you’ll need to provide proof of your savings (such as your most recent savings account statement).

Refinancing to Bankwest?

You’ll need to provide six months’ of recent home loan statements from your other financial institution. If you’re refinancing a personal loan or credit card as part of the loan, bring in your most recent three months’ consecutive bank statements for each debt. The statements must show the:

  • Account holder name
  • Financial institution name
  • BSB and account number
  • Transaction history.

Buying a property?

We’ll need a copy of your fully signed offer and acceptance/contract of sale.

Building?

We need copies of:

  • The fully signed building contract
  • Your plans and specifications.

Need help with your application?

Get in touch with one of our Home Finance Managers, and they’ll respond within one business day.