Resources for solo parents
Buying a home as a solo parent can feel overwhelming — especially when you’re navigating it on one income. This resource hub is here to support you with clear information, practical guidance and reassurance, so you can move forward with confidence
Common myths about buying alone with children
One of the biggest myths is that buying a home as a solo parent by choice is “almost impossible.” In reality, many people purchase successfully on one income every year, often with the help of the right loan structure, lender choice and government support. Another common misconception is that you need a perfect financial history or a very high income, when in fact lenders assess overall stability and affordability, not perfection
How different lenders treat childcare expenses
Childcare expenses are an important part of a single parent’s budget, but not all lenders assess them in the same way. Some lenders take a more conservative approach and assume ongoing costs regardless of current arrangements, while others assess childcare based on actual usage and documented expenses. This means borrowing capacity can vary significantly between lenders, and choosing the right one can make a meaningful difference to what feels achievable.
Centrelink payments and how they are assessed by lenders
Centrelink payments can play a role in a lender’s assessment, but how they’re treated depends on the type of payment and the lender’s policies. Some benefits may be accepted as income, while others are excluded, particularly if they are considered temporary. Understanding which payments can be included (and for how long) is important when planning your purchase, as it helps set realistic expectations and avoid surprises later in the process.
The importance of wills and insurance
When buying a home — particularly as a solo parent — it’s important to think about how your assets and responsibilities are protected over time. Having an up-to-date will and appropriate insurance in place can help ensure your wishes are clearly documented and your family is supported if circumstances change. This is not something to navigate alone, and it’s important to seek advice from a qualified solicitor, accountant and licensed financial planner to make sure any arrangements are appropriate for your personal situation.
Questions to ask before applying for a home loan
Asking the right questions early can save time, stress and confusion later. It’s helpful to understand how much you can comfortably borrow, what loan structures may suit your situation, and how future changes — such as income shifts or family plans — could affect your loan. Having open conversations and seeking clarification before applying can help you move forward with confidence and avoid surprises during the approval process.