When applying for a home loan, most people focus on the interest rate  — but that’s only one piece of the puzzle. Behind the scenes, every lender follows a detailed process to decide whether to approve your loan and how much you can borrow. Here’s a simple breakdown of what really happens. Your Income and Employment Lenders want to see stable, reliable income. They’ll usually check: Your last two pay-slips if you’re PAYG (employed) Tax returns and financials if you’re self-em