31/07/2026
Let's talk about spending habits, and specifically: what the banks think about how you handle your money when they're deciding whether to approve you for a home loan.
If, for instance, you’ve got a maxed-out credit card but are ordering Uber Eats five times a week and shopping up a storm with Afterpay, the lender may wonder why you’re not diverting this 'discretionary' spending to paying off your credit card.
They're looking for evidence that you handle your debts well. If you're only making the minimum monthly repayments, or if you're behind on your repayments, it paints a picture that perhaps you're not on top of your money – and are therefore not ready to commit to a home loan.
If you want to talk about getting your accounts in order before you apply for a home loan, we're just a call or a message away.