These are specific to separation refinancing and are what differentiate this process from a standard refinance.
✓Consent Orders or BFA - the legal document that formalises the property settlement. Some lenders accept a draft or signed BFA before court filing.
✓Child support assessment - from Services Australia, showing amounts paid or received. Required if child support is part of your income or expense profile.
✓Property valuation - the lender will order their own, but having a recent agent appraisal helps us assess feasibility before applying.
✓Solicitor details - your family lawyer's contact information so we can coordinate settlement timing.
Lendology provides a personalised checklist based on your specific situation and the lender we recommend. The list above covers the most common requirements - yours may be shorter or longer depending on your circumstances.
What if I am self-employed and separating?
You will need two years of personal and business tax returns plus a Notice of Assessment from the ATO.
Some lenders offer low-doc options with fewer requirements, but rates are typically higher. A specialist broker can identify the best option for self-employed borrowers going through separation.
Do I need a property valuation before applying?
Not always upfront. Most lenders will arrange their own valuation as part of the application process.
However, having a recent independent valuation can help you negotiate settlement terms and gives your broker a more accurate picture of your loan to value ratio before submitting the application.
Steve Chin
Mortgage Broker at Lendology. MFAA member, 8+ years in finance. Specialises in separation finance across Australia.
We are not just explaining the process. We arrange the actual finance: refinancing into your sole name, funding a partner buyout, or setting up a new loan independently after settlement. We work with a panel of over 60 lenders to find the one that fits your situation.
The part we handle
Once the legal side of your property settlement is resolved, the next step is usually a financial one. That is where we come in.
Refinance to sole name
Moving the joint mortgage into one name so you can keep the home.
Partner buyout
Funding the equity payout to your former partner as part of the settlement.
New loan in one name
Purchasing your next property independently after settlement.
Jason and Steve also help clients with first home loans, refinancing, and investment lending at lendology.com.au.
