u/Whole_Purple_4763

Hi all,

I spoke to a home loan specialist from CBA today and was told that my borrowing power would be assessed as though there were two people (my income + 0) in the household because I am married.

However, my partner is currently overseas and is not an Australian citizen or visa holder, as her visa is still being processed. I mentioned that the property would be titled solely in my name and that I would be the sole applicant for the loan.

My partner is employed full-time overseas and is not financially dependent on my income.

Can anyone confirm whether this is accurate, and whether being married automatically means her living expenses are included in the borrowing capacity assessment even though she is overseas and not part of the loan application?

Thanks

Has anyone built or bought a house in WA using the Help to Buy scheme? Which builder did you use, and how accommodating were they in meeting the HTB requirements and timelines? How long was/is the expected build time? If you bought an established home instead of building, what made you choose that option?

I'm feeling a bit overwhelmed by all the information. My understanding is that the approval is only valid for 90 days, so if you're building, the land must already be titled or be titled within that 90 day period. I also understand that you need a fixed-price building contract. Please correct me if I'm wrong.

Thanks.