What banks really check before approving your mortgage

Buying your first home can feel impossible, but you may be closer than you think. Mortgage adviser Michelle Isemonger joins Nadine Higgins to explain how to prepare before applying for finance, what banks are looking for and whether you really need a 20% deposit. They also cover pre-approval, KiwiSaver, auctions, insurance, buying with friends, credit card limits and the common mistakes that can derail a mortgage application.See omnystudio.com/listener for privacy information.