| 1. |
Checklist applying to all applications |
| |
Deposit bond application form to be fully
completed, signed and witnessed. An application with original
signatures must be received prior to release of the bond.
Photocopy of identification supporting a 100
point ID check, eg passport =70, birth certificate = 70,
drivers licence = 40, medicare/credit cards = 25 points
Copy of the front page of the Contract
for Sale of the property being purchased.
All pages containing any special conditions
within the Contract for Sale for the property being purchased.
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| 2. |
Checklist of additional items applying to
bond terms up to six months only |
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Signed Unconditional Loan Entitlement or offer
from a recognised financial institution.
Evidence of additional funds required to be
contributed towards the purchase, eg savings statements,
etc.
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| 3. |
Checklist of additional items applying to
bond terms in excess of six months |
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Confirmation of income ie. the last 2 salary
pay slips immediately preceding this application, current
letter from an employer, or last tax return and tax assessment notice, if self employed.
Rates notice on your existing property in order to confirm ownership. Bond applicants must be the
same person(s) or entity as the property owner.
If your property is under finance, a copy
of the mortgage statements for the 3 months immediately
preceding this application.
Confirmation of the value of your existing property may be required from a Real Estate Agent or Registered Valuer where requested by Deposit Underwriters.
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For company purchasers: |
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Application form: All directors/shareholders
must fully complete the applicant details of the application
form, sign and have witnessed. A separate deed of guarantee
and indemnity is also required to be signed by all parties.
Deposit Underwriters will provide this once assessment has
taken place.
Income confirmation: Full latest financials,
including notes, for the company and current interims provided
by an accountant if available. In addition personal tax
returns for the directors/shareholders.
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For superannuation fund/trust purchasers: |
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Copy of the trust deed to provide proof that
the entity is authorised to enter into the Contract for Sale.
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