Yes, you can apply for a home loan after receiving your clearance certificate, but approval depends on several factors:
• Time since clearance (most banks prefer 1-2 years)
• Your rebuilt credit score
• Stable income and employment history
• Deposit amount available
• Overall affordability
Steps to improve your chances:
• Save for a larger deposit (10-20% is ideal)
• Maintain stable employment for at least 6-12 months
• Rebuild credit with smaller accounts first
• Ensure your credit report is accurate
Some lenders specialise in home loans for consumers who have completed debt review.