1. Help Centre
  2. Residential Lending Criteria

Gambling Transactions

We are able to consider applications where there are gambling transactions present on the bank statement. We will assess the transactions to ensure this isn’t sign of possible vulnerability. Where there is excessive gambling transactions identified on the bank statement, we will decline the application due to potential negative impact this could have on the customer’s ability to meet the monthly mortgage payment. Excessive gambling is determined by amount of net income that is spent on gambling, frequency of gambling transactions, and for other signs vulnerability.