What Banks Really Look At When You Apply for a Home Loan (Australia 2025)

Think your income is enough to get a home loan in Australia? Think again.
I’ve seen clients on $80k get approved over others earning $120k — because it’s not just about how much you earn, but how your finances are structured.

In this video, I break down exactly what Australian banks look at when assessing your home loan application in 2025 — and how to give yourself the best chance of approval.

🔍 What You’ll Learn:
• How income is actually calculated (including casuals, commissions, bonuses & overtime)
• How HECS/HELP debts, credit cards, Afterpay, and car loans reduce your borrowing power
• Why a $10k credit card limit can cut your approval by up to $50k
• The truth about living expenses, HEM, and what banks use behind the scenes
• How banks “stress test” your loan at +3% interest
• What role your deposit, guarantor, equity, or First Home Guarantee plays
• Why two people on the same salary can get wildly different loan results

💡 The big takeaway?
Structure matters more than salary. If you understand how lenders assess risk, you can play the game smarter and get loan-ready faster.

🎯 Book a Free Discovery Call:
https://calendly.com/david-pelligra-a...

📘 Download the Free First Home Buyers Guide (PDF):
https://fhb.davidpelligra.com.au

🌐 Visit my website:
https://davidpelligra.com.au

🙋‍♂️ About Me
I’m David — a mortgage broker based in Melbourne. I’ve helped hundreds of first home buyers across Australia buy their first home with confidence, clarity, and strategy. In this video, I walk you through every single step of the process, from “Maybe I want to buy” to keys in hand.

📬 Stay Connected
Instagram →   / davidpelligra  
Website → https://davidpelligra.com.au

⚠️ Disclaimer
This video is for educational purposes only and does not constitute financial advice. Always speak to a licensed broker or financial adviser before making decisions.

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