It is but obvious when you go in for applying for a home loan that the lender will first view you very critically and carefully. Why? You have a good job, you and your spouse may both be working, you may also have a vehicle of your own, but still whenever you first go and ask for a loan you are under the hammer! It is true that you may be financially secured and has your finances in place but the lender does not know this. For them you are another new borrower whom they have to view critically and judge about your financial repayment capacity and long term decision of a home loan. You will be asked so many prodding questions, which you feel may look irrelevant to your loan , but the lender here is trying to judge your financial habits. Your financial habits means your spending habits, whether you are lavish and extravagant in spending,, whether you are practical in spending. This will help them understand your financial habit, whether you are the saving and sparing type or the extravag...