Getting ready to apply.

1. Documents lenders usually ask for

• Photo ID, such as a passport or driver licence.
• Your 2 most recent payslips, and an employment contract or letter if you're new in your job.
• 3 months of bank statements for your everyday, savings and credit card accounts.
• A KiwiSaver statement, if you're using KiwiSaver for your deposit.
• Statements for any loans, such as car loans, personal loans or buy now, pay later.
• If you're self-employed: your last 2 years of financial statements and tax returns.

We'll give you a checklist for your own situation.

2. Tidy up your bank statements

Lenders read your bank statements closely. In the months before you apply:

• Avoid missed payments, dishonours and unarranged overdrafts.
• Keep discretionary spending steady and sensible.
• Avoid gambling transactions.
• Don't take on new debt, such as a car loan or a new credit card.

3. Know where your deposit comes from

Your deposit may come from savings, a KiwiSaver withdrawal, or a gift from family. Lenders like to see a history of regular saving. If family is helping, the lender usually needs a gift letter, and your lawyer can explain what's involved.

4. Check your credit report

You can request your credit report for free from the credit reporting agencies. If anything looks wrong, ask for it to be corrected before you apply. If there's something you can't change, tell us early so we can choose the right lender.

5. Talk to us before you apply

Every application leaves a mark on your credit file, so it's better to apply once, to the right lender. We'll help you choose and present your application well.