What Does a Bank Assess For Credit Worthiness?
Banks review your full financial picture, such as income, dependents, employment status, debt history and credit check, but don't lose hope.
We thought you might also like...
Home Loan
Genuine Savings
posted February 24, 2017Genuine savings are required when borrowing more than 85% of the property value and there are different conditions
Watch Now >
Home Loan
Reduced Deposit
posted February 24, 2017A reduced deposit is possible with some volume builders and land developers, with the remaining deposit to be paid prior to....
Watch Now >
Home Loan
Finance Clause
posted February 24, 2017It is recommended when you make an offer on a property you have a finance clause included in the event finance approval is not....
Watch Now >
Home Loan
Borrowing Capacity
posted February 24, 2017Your borrowing capacity is calculated taking into account your income and your level of debts, however there are a number of....
Watch Now >
Find us on
Call us
1300 978 051
Disclaimer: The Loan Studio Social Home Loan variable interest rate of 3.59% per annum is as at 1 February 2017 and is subject to borrower meeting the lender's criteria, terms and conditions and loan to value ratio ('LVR') requirements. This rate of 3.59% per annum is based on a variable rate home loan of greater than $50,000 (Maximum $750,000) and not exceeding a LVR of 80%. The comparison rate of 3.66% per annum is as at 1 February 2017 and is based on a secured loan of $150,000 over a term of 25 years. This comparison rate is true only for the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative and subject to change without notice. Loan Studio Pty Ltd (ABN 97 146 606 135) is an authorised credit representative (390870) of Port Group Pty Ltd (Australian Credit Licence Number 389460)
