Are you planning to buy a home?
Do you have a clean credit file or no credit history at all?
Are you a high income earner with few assets?
You’d be surprised by which factors have a massive impact on your credit score and, ultimately, whether the bank will see you as a high risk or not.
- Credit scoring is the number 1 reason why people with a good job and deposit get declined.
- You can fail a lenders credit score even if you have a flawless credit history.
- Your credit score is critical if you are borrowing over 80% of the property value.
- Our Credit Score Calculator can let you know why the banks may see you as a high risk borrower.
This is an example of someone with a really good credit score result:
Use our calculator to avoid getting knocked back for your home loan.
Most banks will not lend to you if you’ve made a lot of enquiries with a number of lenders, so don’t apply with the wrong bank!
We know what banks are looking for and we even know some lenders that do not credit score at all!
If you want to know how to get approved, no matter your score, call 1300 889 743 to speak with one of our expert brokers or enquire online.