With NCA requirements & strict Bank Credit Policies the process to get financing does take longer than before. The main reasons for bond applications being declined are affordability and your credit profile. Prior to the NCA, affordability was a simple calculation based on 30% of income.  Affordability is now based on net disposable income and for most people this means access to less credit than would have been the case in the past. A clean credit history and being up to date on all debt instalment payments is important