Struggling to borrow enough for your dream home? You’re not alone.
With interest rates fluctuating and lending criteria tightening, understanding how to increase your borrowing capacity has never been more important. At Gardian Finance, we work with everyday Aussies to help them borrow smarter — and often, borrow more — without unnecessary stress or risk.
Here are 5 proven ways to boost your borrowing power in 2025 and improve your chances of loan approval.
✅ 1. Pay Down Debt (Even a Little Helps)
Credit cards, car loans, Afterpay accounts — lenders look at all of it. Even unused credit card limits count against you.
What to do:
Pay off or consolidate outstanding debts
Reduce unused credit limits
Avoid new credit applications before applying for a loan
💡 Quick win: Dropping a $10K credit card limit could boost your borrowing power by thousands.
✅ 2. Increase Your Income (the Smart Way)
Lenders assess income carefully, but even small increases from overtime, bonuses, or side hustles can help — if they’re consistent.
What to do:
Document all income sources
Ensure payslips and bank statements reflect extra earnings
Avoid irregular, unverified income where possible
💡 Tip: Talk to your employer about including consistent overtime in your payslips.
✅ 3. Clean Up Your Credit Score
A poor credit score can limit your options or reduce how much a bank is willing to lend.
What to do:
Request a free credit report (from Equifax, illion or Experian)
Dispute any errors
Clear overdue bills or defaults
Avoid missing payments in the months before applying
💡 Pro tip: We can help you understand your credit report — no jargon, no judgment.
✅ 4. Cut Back on Everyday Spending
Lenders now assess real living expenses — from groceries to Netflix. A leaner spending history shows you're financially responsible.
What to do:
Track expenses for 3 months
Pause unused subscriptions
Cook at home more often
Reduce buy-now-pay-later use
💡 Bonus: You’ll save more for your deposit while improving your borrowing profile.
✅ 5. Speak to a Mortgage Broker (That’s Us)
The fastest way to increase your borrowing power? Work with a broker who knows what lenders want.
At Gardian Finance, we’ll:
Review your income and liabilities
Suggest smart changes to boost your profile
Compare loans from over 35 lenders
Structure your application for maximum impact
💡 We’re local, free to use, and on your side from day one.
Ready to See What You Could Borrow?
Your borrowing power isn’t fixed — it can grow with the right advice. Let’s show you how.
📍 Based in Mackay | 💬 Free home loan consults | 📞 Local experts
👉 Contact Gardian Finance today and get more from your next loan.
