Aussie banks are quietly slamming the brakes on certain mortgages — and thousands of would-be buyers are being blindsided by hidden rules that could kill their property dreams.

Loan experts have revealed that lenders are getting pickier with where they put their money in some specific scenarios, despite interest rate cuts improving the average home buyers’ borrowing capacity.

Scrutiny on certain types of loans means lenders are rejecting applications based not only on income and credit history.

Factors banks are considering could be as diverse as the type of property, the industry a borrower works in, and even how many of their neighbours have already taken out loans in the same building.

High-rise apartments are among the hardest hit, new data shows.

Mortgage broker and Its Simple Fi

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