03/06/2026
🚩 Red flag habits that could hinder your home loan application 🚩
(Not so) fun fact: Lenders assess a borrower’s ‘character’ as part of a home loan application.
It’s all about how responsibly you manage money and debts. 💳
Turns out 7 in 10 Aussies have red flag spending habits that could hurt their character check.
Key red flags include spending on lottery tickets or scratchies, smokes or vapes, and even alcohol.
Banks may comb through three months of bank statements to check out your spending habits. 🔍
What they’re looking for are spending patterns that could potentially derail your ability to make repayments.
Talk to us for tips on getting your home loan application across the line. 👇
To find out more, get in touch with us at www.networkfinance.com.au