Have you ever wondered what lenders are looking for when they decide to approve or deny your loan application?

Welcome to the Australian Property Investment Podcast. In each episode, we ask a guest expert to share their key insights for aspiring investors to make confident property choices.

In this week’s episode, we are joined by Jaymee Belleza, Credit Manager at Bluestone Home Loans, as she shares with us what goes into a lender’s decision-making process when it comes to approving or denying a loan application.

She also gives valuable insights regarding why a loan gets rejected, whether a declined credit card can be overturned, why a credit manager asks too much of the clients, how credit assessors can help you, and so much more.

If you want to learn more about the approval process directly from a credit manager so you can make your loan application as smooth and stress-free as possible, then make sure to listen to this episode!

Looking for expert conversations that educate investors like yourself to help you build a quality property portfolio? You’re in the right place. Stay tuned!

Time Stamps:
00:00Intro
01:03What Does It Mean to Be a Credit Manager?
02:36What are Credit Managers Looking for in Loan Applications?
06:09Company Discrepancies
07:27Reasons for Loan Rejections
08:56Numbers or Percentage of Loans Approved
10:20Why Unexpected Things Happen
12:09Can A Declined Credit Card be Overturned?
13:58Reasons Why Credit Managers Ask Too Much to the Client
16:38Jamie’s Advice to Move Forward
18:08Senior Underwriter vs. Normal Underwriter
22:03How Does an Application Get Upweighted or Recognised?
23:36How Credit Assessors Help You
26:20Can Somebody Put a Settlement Condition?
28:56Final Thoughts/Outro

About Our Host:

Aaron-Christie David is the founder of Atelier Wealth and a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years. 

With over 10 years in financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron’s decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.

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