01/04/2026
Getting 🏠 Loan Ready - Quick Tips:
✅ Deposit - consolidate and direct your savings in to the one dedicated bank account. Try and keep this account running with deposits only, no withdrawals, for a bare minimum of 3 months.
✅ Equifax - check your credit file and know your credit score - Google “Equifax Free Credit File Check”
✅ Liabilities - close any idle or unused bank accounts, credit cards, credit facilities, buy now pay later facilities etc.
✅ Budget - know what you spend and where, keep it simple, create a list of recurring non avoidable fixed expenses versus discretionary controllable expenses.
✅ Identification - make sure it’s valid and that full legal names are visible and matching across Drivers Licences, Medicare Cards, Passports.
✅ Account Conduct - keep all bank accounts in a positive balance at all times and make sure there are no late or overdue payments on any credit cards, car loans etc.
✅ MyGov - Income Statements, Notices of Assessment, HELP debt balances are all found here, make sure you’ve got access to MyGov.
✅ Initial Broker Phone Call - a quick no obligation, no pressure initial phone call at a mutually suitable time to set a plan in place to have you 'purchase ready' when the time comes to buy:
