We tried and failed. But our circumstances are a bit different to normal. We run a business and it owed us a lot of money. Instead of drawing a salary we tool drawings which means on paper we had no earnings.

To top it off our broker applied for the wrong loan, where we had to show financials. We were borrowing less than 80% so we should have applied for a different loan.

My advice do your research, we could afford the loan but missed on the house because the banks didn't like to think outside the box and we just went with what the broker said without researching. (I was pregnant on bed rest and the business was busy but no excuse really.)

In the long run we got less for our house than planned so we we relieved. We also bought in the same area for $50k less only difference was no pool.