Buy out your ex-partner, refinance to remove them from the loan, or purchase your fresh start. Confidential, judgment-free advice.
We help with all aspects of property settlement financing during separation or divorce.
You want to keep the family home. You need to refinance the existing loan and pay out your ex-partner's equity share.
Property value: $800,000
Current mortgage: $450,000
Equity: $350,000
Ex-partner's 50% share: $175,000
New loan needed: $625,000 ($450K existing + $175K buyout)
Property settlement is complete. You keep the house, they keep other assets. Now you need to refinance in your name only.
Starting fresh. You've received your settlement payout and want to buy a new home for yourself (and potentially children).
You need cash to pay your ex-partner their share but want to keep the house. Refinance to release equity.
You have investment property worth $600K with $200K loan
Equity available: $400K
Need to pay ex-partner: $150K settlement
Refinance to $350K, release $150K cash for settlement
Understand the lending hurdles you may face - and how to overcome them.
You were previously assessed on dual income. Now lenders only consider your solo income, reducing borrowing capacity by 40-60%.
You're still jointly liable for old credit cards, car loans, or joint mortgage even if your ex agreed to pay them.
Your ex missed payments on joint accounts during separation, damaging your credit score. Or you have defaults from the difficult period.
Your settlement is tied up in property or super. You don't have cash deposit for a new purchase.
Gather these documents to speed up your application and improve approval chances.
Yes, you can apply once you're separated (even before divorce). Lenders require evidence of separation - typically 12 months separation certificate or family law documents showing proceedings commenced. You don't need to wait for final divorce decree. However, your borrowing capacity is assessed on your solo income only, and lenders will want to see that property settlement is underway (either agreed or in negotiation).
Yes, most lenders count 100% of court-ordered child support if you've been receiving it consistently for 6-12+ months. You'll need to provide: (1) Court order or child support agreement, (2) Bank statements showing regular deposits for 6-12 months, (3) Evidence it will continue for 3+ years. Private arrangements (not through CSA) are harder - some lenders won't accept them, others may accept 50-80% with strong documentation.
This is challenging. If you have court orders requiring them to cooperate, take those to your solicitor - they can be compelled to sign. If settlement is agreed but not formalized, get it documented ASAP through consent orders. If they're genuinely refusing and you're both on the mortgage, your options are: (1) Apply to court for orders compelling cooperation, (2) Sell the property (you can apply to court for sale), (3) Continue paying the joint mortgage and revisit later. Don't stop paying the joint mortgage - it will damage both credit scores.
Yes, but child support payments reduce your borrowing capacity. Lenders subtract your child support obligation from your income before calculating serviceability. For example, if you earn $100K and pay $20K/year child support, lenders assess you on $80K. This is why the parent receiving child support can often borrow more than the parent paying it (they get $80K income + $20K child support = $100K assessable vs $80K for the payer).
You can apply immediately after separation, but timing affects approval. Best to wait until: (1) Property settlement is agreed (even if not finalized), (2) You have clear separation documentation, (3) Any credit issues during separation have been resolved (6-12 months clean), (4) You have stable income (if you changed jobs due to separation, 3-6 months in new role helps). If buying out ex-partner, you can sometimes start the loan process before settlement is finalized, then settle the loan when court orders are made.
Possibly! If the family home was in your ex-partner's name only (or jointly but you're transferring your share to them), you may have never owned property in your individual name. This can make you eligible for First Home Guarantee (5% deposit), stamp duty concessions, and grants - even if you lived in the family home for years. Each state has different rules. Speak to a broker to check your eligibility - this could save you $20K-$40K in stamp duty and LMI.
Divorce and separation lending is complex. Not all lenders handle it the same way. A specialist broker can:
✓ Match you to the right lender: Some lenders are more flexible with child support income, others with credit issues from separation, others with single income scenarios.
✓ Navigate complex documentation: We know exactly what lenders need for property settlements, court orders, child support verification, etc.
✓ Handle confidentially: We understand this is sensitive. All conversations are private and judgment-free.
✓ Time-critical scenarios: If you need to settle quickly (court deadlines, settlement dates), we can fast-track.
✓ Maximize borrowing capacity: We present your application to show strongest possible serviceability given your circumstances.
We understand this is a difficult time. Our specialist brokers handle separation and divorce lending with sensitivity and professionalism. All conversations are strictly confidential.
✓ Sensitive handling of your situation • ✓ Fast turnaround for urgent settlements • ✓ No obligation assessment