Funding is the engine room of your renovation project, and taking some time with your application for credit will improve your chances of approval so that the funds are available when they're needed.

Having your paperwork organised before applying for a loan can be a valuable time saver. The following table sets out a checklist of paperwork that you'll need when you apply for a loan. There are some keys areas, including:

Proof of income - When you apply for credit, lenders will want to know your income is sufficient to meet the loan repayments. Gather together several week's worth of salary or wage payment slips and your contract of employment.

Demonstrate your saving/repayment history - Lenders also want to see that you have the discipline to save, or that you have a good track record managing credit in the past. Bundle together previous or current loan statements or credit card statements along with statements for any savings accounts showing regular deposits.

Loan interview checklist

Use this checklist to ensure you have the necessary paperwork to secure your renovation funding.

Paperwork Required

All loans

  • Two most recent consecutive pay slips
  • Most recent group certificate
  • Self employed – the last two years' personal and business tax returns and ATO assessments
  • ID documents


  • Information required for all loans, plus:
  • Statements for the last six months of any existing home loans or personal loans
  • Most recent rates notice and building insurance policy on the property to be offered as security

Credit card:

  • Statements for the last six months if card is being refinanced
  • Most recent statement if credit card(s) NOT being refinanced


  • Copy of builders fixed price tender (including all specifications)
  • Copy of council approved plans

Continue to information about question to ask your lenders.

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