Two pages listing the documents most lenders ask for when you split, refinance or release equity for debt recycling.
Home › Resources › Loan Application Document Checklist
Most delays in a loan application come from missing paperwork. This checklist lists the documents lenders commonly ask for, so you can gather them once, before the application starts.
It covers PAYG employees and the self-employed, plus the loan, investment and expense records a debt recycling application often needs.
Requirements vary between lenders and change over time, so your broker confirms the final list. Moving lenders first? Our page on refinancing for debt recycling explains how that works.
Alex can look at how your loan is set up and tell you what would need to change. Free, no-obligation call, by phone or video.
Request a call with Alex →Many lenders assess a credit card at its full limit, because you could draw it at any time. A large unused limit can reduce how much you can borrow. Closing or reducing cards you do not need, before you apply, is one of the simplest ways to improve your position.
Not always. Requirements vary between lenders and between application types. Recycling existing debt through a simple loan variation often needs less than a refinance or an equity release, which is assessed in full. Your broker confirms the final list for your application.
Two years of tax returns and financial statements is common, and some lenders consider one year in certain cases. Lenders treat add-backs and the most recent year differently, so the same returns can produce different borrowing figures at different lenders.
How lenders read business, trust and company income.
Read more → GUIDEHow lenders assess applications and why some decline.
Read more → RESOURCECheck the loan itself can split and redraw cleanly.
Read more →
1. Arranged a loan when our small business situation made it difficult to qualify.
2. Met requirements to have funding available by a specified date.
3. Understood my needs to setup debt recycling to allow tax structuring.
4. Communicated well throughout.
I would use their services again.
Alex, Jess and the Kingfisher team were second to none and their process from start to finish was faultless. As a self-employed business owner, it can be difficult to obtain finance at the best of times. The Kingfisher team made this an easy and efficient proposition and their continued transparent and efficient communication ensured we were kept up to date at all times. Highly recommend them for your finance needs!
Alex and Jess dealt with our investment loan and provided a top tier service. They kept us up to date and communicated every step of the process making it a seamless and smooth experience! Awesome work team we will definitely be back for future loans!
Jess from Kingfisher was outstanding. I couldn't fault her communication, expertise or dedication to finding the best loan for our situation. The entire process was seamless from start to finish. We'll definitely be using Kingfisher again in the future. A top-tier organisation.
