In this episode, our heroes will give us the nine elements a bank’s credit officer looks for when reviewing your application for a pre-approval.
 
 Before we kick off it’s important to remember two things:

• Banks have a policy that dictates what it can and can’t do, but also, lending money is high judgemental; and
• There are somewhere in the realms of 10,000+ home loan applications weekly. Yes weekly, so if you don’t stand out from the pack as the best place to park the bank's money, then be warned, it could be a no go.

9 Elements:
1. They look at your income
2. They look at your expenses
3. They look at your credit score
4. They review you account conduct
5. They review all your documents
6. They review what you are looking for against their policy?
7. They look at your assets
8. They look at your liabilities
9. They sense check you through ratios

Thanks again and catch you next time.
The Property Heroes
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We release a few different episodes a week
Monday
- A short rapid-fire educational episode about property/real estate
Wednesday
- A longer form, conversational episode talking all thing property and finance.
Friday
- A short rapid-fire educational episode about finance. If you have any questions or any comments, it would be great to hear from you [email protected] or you can reach us through our social.
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