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November 1, 2018
Choice Matters
February 12, 2019

OUR SOLUTION to the Banks’ Warpath on Living Expenses

Until recently, when assessing your home loan application, the banks only asked for personal confirmation of your living expenses.

The 2018 Royal Commission into Misconduct in the Banking Industry heavily scrutinized the home loan industry.  The end result is that they have recommended that all Funders require proof of customer’s living expenses.

Yesterday, the Sydney Morning Herald published “From Netflix to nannies: banks on warpath over every dollar you spend” in which it detailed the “post-royal commission era of borrowing.  Heightened scrutiny by banks of the financial position of borrowers will be the new order and responsible lending will get a whole lot more responsible.”


We have software that enables us to conduct a full assessment of your income and living expenses in a quick and seamless process!!

We can quickly and easily analyse and categorise your past 12-months income and expenditure. We will then review it with you, giving you options as to how to best move forward.  It may be that you qualify for a loan now.  It may be that you need to reduce some expenditure items or increase your savings.  Whatever the plan, we will offer you a very clear road-map for your decision-making.

If you like, we can then review your progress every three months.  This will let you know how you’re tracking, so you can make any necessary adjustments.

Our solution will place you in the best possible position to get a favorable outcome with the banks and secure that home loan!

Let us show you HOW… please call us today on 02 8004 2222.