Many people believe that low-income earners or people that receive Centrelink support do not qualify for a loan, but that’s not always the case. Stay at home mothers (or fathers) usually qualify to receive Family Tax Benefit or parental leave from Centrelink, depending on their overall household income.

Lenders will allow you to use that income for servicing when assessing your ability to pay back the mortgage. Most lenders understand that this income is usually substituting a salary or income you would earn if you were employed.

Here’s what to lenders consider when including Family Tax Benefit into their calculations