It is important that you don't apply with lots of lenders as you shop around for a home loan, as each time you make an application, it is recorded against on your credit report. "If lender after lender is declining your application, this will further impact your credit report," Wight says. " At the outset, a mortgage broker can assess which lender is most likely to approve your loan application and what interest rate and charges may be applicable. It is important that you tell your broker the complete and honest story of why you have experienced credit problems so they can address the problems with the credit department of the lender." Mortgage News and Articles Due diligence is essential before you invest in a rental property. Make sure you don't miss a trick with these savvy questions. Read more Should you fix your home loan rate? Interest rate movements have always been hard to predict, but even more so now that more lenders are acting independently of the RBA. Michael Lee, mortgage guru and author of Mortgage Free Debt Free, ... Read more Investing in property -- tax planning Owning an investment property can be a financially rewarding experience despite the big cash outlay. With a little tax knowledge and some professional advice, you may be able to claim a majority of th ... Read more