If you are looking to buy a house, then there are certain financial factors you need to check as banks assess them before granting you a house loan. They look at your income and expenses for the last couple of years, your credit card statements, and if you have a lot of unnecessary spending it’s time that you adjust your expenses, as banks do scrutinize spending habits. They also check whether you have any liabilities in the form of debts which may be student loans or personal loans or tax liabilities. They also put a good amount of importance on your credit score so that your credit score is within the 700 range for a good deal on your home loan.