Having your home loan application rejected can be very fustrating. But you're not alone. Since the beginning of the Global Financial Crisis of 2007-08, lenders have become more cautious and lending standards have become more stringent. However, not all lenders are the same.
In this interview on 2UE Talking Lifestyle, Mr Robert Projeski, the Managing Director of AMO, explains why the banks and lending regulatory bodies are cautious, even for those on a good income. He also gives some tips to help you to get your home loan approved sooner.