9-Point Checklist Before You Apply for a Home Loan

1. Check your credit file for errors — everyone is entitled to a free copy each year.

2. Gather three months of payslips and two years of tax returns if self-employed.

3. Save your deposit in one place — lenders like to see a stable savings pattern, not last-minute deposits.

4. List all existing debts, including credit cards and buy-now-pay-later accounts, even if the balance is small.

5. Avoid opening new credit accounts or changing jobs in the months before applying.

6. Get pre-approval before house-hunting so you know your realistic budget.

7. Budget for stamp duty, conveyancing, and building/pest inspections on top of the deposit.

8. Compare more than just the headline rate — check comparison rates, fees, and offset account features.

9. Speak with a licensed mortgage broker who can compare lenders on your behalf rather than applying with just one bank.

Asset Connect Australia can connect you with an appropriately qualified or licensed home loan professional who may work through this checklist with you. Submit one enquiry; provider eligibility, pricing and any costs are determined by the relevant professional and provider.