The first step in choosing a home loan and subsequently applying for a home loan is to gather personal details for each applicant and guarantor if applicable as follows.
- Title
- Surname
- First Name
- Middle Name
- Date of Birth
- Gender
- Driver Licence Number
- Marital Status
- Number of dependants per application and their ages
- Home Phone
- Work Phone
- Mobile Phone
- Email
- Residential address/s for the past 2 - 3 years
- Occupation
- Employment type, self employed or employed wages/salary
- Employment basis, full time, part time or casual
- Employment history for past 2 - 3 years
- Identification, which is usually a birth certificate or passport and a driver licence
Certain lenders may require additional information such as mothers maiden name, a referee or the name address and contact details of the nearest relative not living with the applicant/s.
Next we need to gather information on all libilities for each applicant.