Full Review

Order of Documentation required to be faxed for LMI proposal purposes:

1. A signed and dated Genworth LMI proposal form.
2. A copy of the completed loan application.
3. A copy of the servicing calculation used in your loan assessment.
4. Valuation report (or approved alternative) - no more than 90 days old.
5. Credit Bureau reports for all borrowers and guarantors.
6. For refinance transactions, copies of the last 6 months of loan account statements plus a copy of the property rates notice (if available).
7. A copy of the contract of sale for property being purchased.
8. Proof of genuine savings (if applicable) eg. 3 months bank account statements, certificate of investment.
9. Evidence of income verification, and copies of all documents that you have used or relied upon eg. pay slips, group certificates, tax returns, Low-Doc income declaration as per the Genworth Underwriting policy for Minimum Verification Requirements.
10. Evidence of employment verification, and copies of all documents that you have or relied upon eg. letter from employer.
11. Copies of all checklists or verification forms used as part of your assessment.
12. Any other document that is relevant to or in support of your proposal.
    If self employed, the following information is also required:
    
    Last two years' personal tax returns for each borrower and/or company director;
    plus either:
    
    Last two years' company or business tax returns for all related businesses or
    entities OR
    
    One company or business tax return plus one set of the financials reflecting
    two years trading activity for all related businesses or entities
    
    Note: Genworth may also request Tax Assessment Notices at the discretion of the Account Manager to support the Tax Returns provided.
13. Aditionally, if application is outside of Underwriting Policy, supporting comments outlining the strengths of the proposal should be submitted.

Click here to download a PDF of the order of documentation required.