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Discover your borrowing power, even if you're on a low income. Your income is an important factor in qualifying for a loan. Some lenders may.
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Superannuation changes 1 July 2017 | ASIC’s MoneySmart – · Low income super tax offset (LISTO) Eligible taxpayers that earn up to $37,000 a year get an additional super contribution from the Government, equal to 15% of before tax (employer and salary sacrifice) super contributions, up to $500.
Most conventional loans have a 40% DTI maximum, making it difficult for low-income borrowers to qualify. However, thanks to the Government housing programs, there are low income home loans designed to help low income families get approved for a home loan. First-Time Homebuyer Grants and Down Payment Assistance
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