Improve your credit score
Your credit score plays a major role in loan approval and the rates you're offered. Here's how to improve it before applying.
Check your credit report
Get a free copy from Equifax, Experian, or illion. Check for errors and dispute any inaccuracies immediately.
Pay bills on time
Payment history is the biggest factor. Set up direct debits for all bills and minimum repayments.
Reduce credit card limits
Lenders assess your total available credit, not just what you owe. Reduce limits on cards you don't use.
Avoid multiple applications
Each credit application leaves a hard inquiry on your file. Avoid applying for new credit in the 6 months before your home loan.
Pay down existing debt
Reducing your debt-to-income ratio improves your borrowing power and credit profile.
Maintain stable employment
Lenders prefer consistent employment history. Avoid changing jobs immediately before applying.
Ready to take the next step?
WeBroke's expert brokers are here to guide you through every stage of the process — from preparation to settlement.
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