When assessing your home loan application, a lender will take into account many of the debts you already owe. But what types of debt affect your borrowing capacity and your ability to get a mortgage?
What Kind of Debt can Impact a Home Loan?

When assessing your home loan application, a lender will take into account many of the debts you already owe. But what types of debt affect your borrowing capacity and your ability to get a mortgage?
When you’re buying your first home, applying for a home loan may seem like a daunting prospect. But it really doesn’t have to be that way. We show you what you need to know about finding and, most importantly, securing your first home loan so that you can get onto the property ladder as soon as possible.
Want to buy your first home as soon as you can? We explore 10 tips first home buyers can take advantage of to get into the property market faster.
1) Buy off the plan
As a first home buyer, purchasing a property off the plan can bring two distinct advantages.