It's a good idea before you apply for a loan to be on top of your expenses and cut back if you need to to be able to afford that new home. Many lenders these days will ask to see evidence of your expenses via your last three months of transaction statements.
It can make an enormous difference as to how much less you can borrow if your expenses are high. So take a look at this app and see where you can adjust your spending so you can have that dream home.
Message from CAtherine
Occasionally I come across an interesting article to do with Home Loans. I thought I'd share some of these with you here.