Do child support payments count as income for mortgage applications?

Rates and Fees verified correct on October 25th, 2016

Going through divorce is emotionally and financially draining, but rest assured, some lenders will accept child support payments as income if you decide to divorcerefinance your home loan

Divorcing a partner is a difficult and stressful time as you are knee-deep in court proceedings, paperwork and legal appointments.

If you’ve decided to refinance your home loan post a divorce settlement, the good news is that some lenders will still accept your application given that you receive child support benefits as a main source of income.

Find out which benefits are generally accepted and what documentation you’ll need to provide to make the application process as smooth as possible.

If you’re thinking of refinancing with another lender, you can read our refinancing after divorce guide.

ALSO READ: Home loans for Centrelink recipients

ALSO READ: Invest in property as a single parent

    ALSO READ: How to get your name off title after a divorce

Which benefits are accepted?

Family Tax Benefits

Family Tax Benefits (FTB) Part A and Part B and child support income are accepted by a number of lenders. However, keep in mind that some lenders view child support payments as an unreliable source of income so they may not take this into consideration when reviewing your borrowing capacity.

The lender will consider the following:

  • Age of dependents. Most lenders will take into account the age and number of dependents that you have before deciding whether or not this is an acceptable form of income for the loan. The older your children, the less likely the lender will accept your Family Tax Benefit (FTB) income, particularly children aged 11 years and over.
  • Centrelink statements. The lender will request at least 6 months of Centrelink statements. You can download a statement from the Department of Human Services website.

Child support payments

child supportSome Australian lenders will accept child support payments when assessing your income for a home loan application.

When speaking to your mortgage broker or lender about your situation, you'll need to specify whether the child support payments are via the Child Support Agency (CSA) and whether the payments are court ordered.

You may also be required to supply the following paperwork:

  • Family Court Law Order
  • Bank statements showing the benefit being deposited into your account and a steady deposit history (e.g. at least 6 months)
  • A letter from your solicitor
  • A letter from the Child Support Agency (CSA)

Speak to a mortgage broker to find the right home loan for you

Broker Details No. of Lenders
Aussie Home Loans Details and Application
Aussie Home Loans

Aussie is one of Australia's leading financial service providers, having won The Adviser’s Top Mortgage Broker award for the last 3 years. They charge no appointment fees and can meet at a time and place which suits you.

20 Enquire
More info

How much can I borrow?

When determining your serviceability potential, a lender will typically review your recent Centrelink statements to work out your annual gross income. Although they will treat your application on a case-by-case basis, ultimately they will review your financial situation to decide whether the support benefit is sufficient to repay the loan.

You can use our calculator below to estimate how much you can afford to borrow.

Belinda Punshon

Belinda is a journalist here at Specialising in the home loans and property sections, she is passionate about helping Australians improve their financial wellbeing.

Was this content helpful to you? No  Yes

Related Posts

HSBC Home Value Loan - Resident Owner Occupier only

Enjoy the low variable rate with $0 ongoing fee and borrow up to 90% LVR.

ME Bank Basic Home Loan - LVR <=80% Owner Occupier

A low variable rate loan with no application or ongoing fees.

CUA Fresh Start Basic Variable Home Loan - Owner Occupier

A basic mortgage available only to customers who switch their everyday banking to CUA.

Ask a Question

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the privacy policy, receive follow up emails related to and to create a user account where further replies to your questions will be sent.

Ask a question