5 ANZ MORTGAGE BROKER DISTRIBUTION | My Assignment Tutor

Page 15 of 155 ANZ MORTGAGE BROKER DISTRIBUTION– LOAN APPLICATIONFOR BROKER USEThe following documents are required for ANZ to assess and provide a decision for the specific loan application. Please check the appropriate box to confirm therequired documents are enclosed with the application. You must sight all original documents (whether in paper or electronic form) before submitting them toANZ. Original documents in electronic form comprise documents received by the customer in that form.Please ensure all Tax File numbers are effectively removed or blacked out from all documents before submitting to ANZ.Note: Under NCCP, the supporting loan documents are only valid up to a maximum of 120 days. (Dependent on the loan purpose)Please refer to the ANZ Originator Web Site: www.anz-originator.com.au for more information.LOAN APPLICATION• All relevant pages of the ANZ Mortgage Broker Distribution Application KitVALUATION FORMS• Valuation Report, where requiredPAYG INCOME (please supply any one of the following options):• One payslip confirming at least 3 months YTD figures (no more than 60days old; must be consistent with annual income; not handwritten); or• Wages credited to a transaction account for the last 3 months, verifiedby supplying the ANZ account number or copies of OFI (Other FinancialInstitution) bank statements with at least one being a copy of an originalstatement with Internet statements being acceptable for the others.SELF EMPLOYED INCOME/COMPANY INCOME• Evidence is required in the form of copies of personal and all associatedcompany/trust/ partnership tax return for the most recent financialyear, accompanied by ATO assessment notices (most current year’sfigures no more than 18 months old).RENTAL INCOME (ONE OF THE FOLLOWING)• Tax Return (as long as the property is still held)• Lease Agreement• Rental Statements issued by the managing real estate agent(revealing stable payments over past 3 months)• Real Estate Agency Letter (used in conjunction with the RentalConfirmation Tool*)• Valuation from ANZ Authorised Valuer confirming Rental IncomeIDENTIFICATION PROCEDURE• Complete applicable Customer Identification Process at ANZ Branchprior to settlement (if you do not have an existing account).CONFIRMATION OF EQUITY• Copy of bank statements, receipts, accounts etc. confirmingequity of applicant(s)LOANS IN COMPANY NAME• Business Entity Application Form• Guarantor’s ChecklistGUARANTOR• Copy of Guarantor’s ChecklistLOANS WITH LENDERS MORTGAGE INSURANCE (LMI)• Copy of bank statements for past 3 months showing 5% genuine savings^PURCHASE• Full Copy of Contract of Sale*• Copy of Foreign Investment Review Board Certificate* (if applicable)REFINANCE• Copy current 3 months loans statements^• Copy of Foreign Investment Review Board Certificate* (if applicable)CONSTRUCTION• Full Copy of Contract of Sale*• Copy of Foreign Investment Review Board Certificate* (if applicable)• Copy Fixed Price Building Contract* OR Builders Permit• Copy Council approved plans*• Tentative on Completion (TOC) Valuation*• Copy of Builder’s Insurance*OWNER/BUILDER• Full Copy of Contract of Sale*• Copy of Foreign Investment Review Board Certificate* (if applicable))• Copy Council approved plans OR Builders Permit• Break-up of construction costs• Quotations supporting construction costs• Copy of Housing Guarantee and/or domestic insurance policy*• Copy of Insurance Policy document for Residential Property Insurance*OWNER/BUILDER CHECKLIST• Detailed costings held• Completed similar project in last 2 years• Works in the building industry• First time builder with minimum experience• 10% of loan amount held as cash in the bank*Not compulsory with the initial application, but are required by ANZ prior to providing an unconditional decision.^Last statement must be from within 60 days; transaction listings not acceptable. Internet statements are acceptable.Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522. Australian Credit Licence Number 234527. Item No. 9600 10.2017 W584562

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