You've done the maths. You know your income, you've been saving, and you have a rough idea of what you can borrow.

Then the bank gives you a completely different number.

In this episode, mortgage broker Jack Elliott returns to explain how lenders really assess borrowing capacity. From income, genuine savings and credit cards to HECS, Afterpay, bank statements and even the property you're buying, you'll learn why two lenders can reach very different outcomes for the same borrower.

Whether you're planning to buy your first home soon or simply want to understand how banks make lending decisions, this episode will help you prepare with confidence and make smarter choices before you apply for a home loan.

03:25 – How Banks Assess Your Income

09:38 – What Banks Look For in Your Savings

12:19 – How Debts Affect Your Borrowing Capacity

17:16 – How Banks Assess Your Spending Habits

21:08 – What Banks See in Your Credit History

25:26 – Why the Property Matters to Your Home Loan

30:12 – Just Because You Can Borrow More Doesn't Mean You Should

33:30 – When to Speak to a Mortgage Broker

• Book a Get To Know You Chat with Jack
• Website | First Home Unlocked

• THE First Home Buyer Course is our Step-By-Step, No BS Guide to Every Stage of The Home Buying Process – It’s the next best thing to having your own buyer’s agent. With our expert guidance, you’ll know what to do at every step along the way. Become a home owner faster and easier. Click here: https://homebuyeracademy.com.au/YFHBG

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