Having trouble fitting in with the banks?

November 22, 2016
Shae Aiello

Are you getting knocked back by the banks because you can’t tick all the right boxes?


Having your loan application rejected can be disheartening and stressful, so it pays to know why it might be happening.

Here are some of the signs that you might not be a ‘perfect match’ for some of the lenders out there: 

  • You don't have a perfect credit history (e.g. previously declared bankruptcy, missed loan / bill payments in the past)
  • You have a solid income, but not much of a deposit
  • Your work means you regularly change jobs (it may look like there’s no stability, but it’s just the nature of the industry)
  • You need to consolidate a few other debts such as personal loans, credit cards or business debt
  • You have recently started a business or a new job
  • You are self-employed
  • You’re a new Australian resident, and therefore can’t verify previous credit history
  • You have an outstanding tax debt
  • You have a solid income, but not much of a deposit
  • You have a deposit but it’s an inheritance or a gift

But even if the banks have said ‘no’, it doesn’t mean there aren’t other options.

Mortgage Choice in Kingsley can help you find the finance options that fit you best

At Mortgage Choice in Kingsley, we have access to hundreds of home loans, from over 20 lenders – which includes lenders that specialise in helping people just like you. We’ll have a chat to get to know you and understand your situation, so we can help find the lender, and the loan, that best suit you.


And, with rates at all-time lows, we don’t want you to miss out on access to the finance you need to help buy your first home, or consolidate your debts, or even to start paying for your children’s education.

Talk to the Team at Mortgage Choice in Kingsley today about how we can help you get financially back on track.

How can Mortgage Choice in Kingsley help you?

  • Provide you with a free copy of your credit history report plus expert advice on why it matters, how to keep it in good shape and what to do if it contains blemishes
  • Discuss possible options for consolidating your debts to get them under control so you can relax and enjoy life
  • We can also put you in touch with our financial adviser Brad Cochrane. He can provide you with tailored advice in terms of budgeting and saving, and protecting what you are building along the way
  • If you are wanting to buy your own home, we can help you work out how much you’ll need to borrow and explain the home loan process to you
  • Or, if you have a current home loan, we’ll offer you a free Home Loan Health Check to see if you could take advantage of different loan features or even secure a lower rate.

As Mortgage Choice brokers, we get paid the same commission no matter which home loan you choose from our wide choice of lenders. That means you can tap into our expertise at no charge, with peace of mind that we have your best interests at heart.

So if you need help finding the perfect finance option for your individual situation, then call Mortgage Choice in Kingsley today on 9309 4780 or email admin.kingsley1@mortgagechoice.com.au. 

Posted in: Tips

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