PAYG Employee Home Loan Document Checklist
PAYG employee files are the most common loan type most brokers handle. A clean document pack collected at fact find prevents back and forth during credit assessment and keeps the file moving toward settlement.
Documents to collect
Two most recent payslips
Confirm employer name, pay period, gross, net, and YTD figures. Annualise the YTD and compare to declared base salary.
Read the full guide →Employment letter (if new role, probation, or contract)
Confirm start date, role, employment type, probation status, base salary, and contact details on letterhead.
Read the full guide →Three months of bank statements (all accounts)
Match salary credits to payslips. Check for undisclosed liabilities, red flags, and closing balance behaviour.
Read the full guide →Credit report (with borrower consent)
Review every listed account, check repayment history, note defaults, enquiries, and judgements.
Read the full guide →Primary photo ID (driver licence or passport)
Confirm name matches the application. Check expiry date. Verify address if applicable.
Read the full guide →Secondary ID (Medicare card, birth certificate, or similar)
Confirm name matches primary ID. Meet the target lender VOI category requirements.
Contract of sale or pre approval details
Confirm purchase price, settlement date, deposit paid, and any special conditions.
Existing loan statements (if refinancing or has other debts)
Extract balance, rate, repayment type, and remaining term for every existing liability.
Read the full guide →Tips
- ✓Collect everything at fact find rather than chasing documents across multiple conversations
- ✓If YTD annualises more than 10 per cent above the declared base, ask about overtime or bonuses before lodging
- ✓Reduce or close unused credit card limits before the application to free up serviceability
How QualifyMate helps
QualifyMate reads payslips, bank statements, and credit reports together, extracts income and liabilities, flags YTD discrepancies and red flag transactions, and generates submission notes so the file is ready for lender review in minutes.
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