You could both apply and be on title, and just use his income for serviceability. Problem you will face is the large c/c limit.The bank will automatically take 3% ie $400 per month from your serviceability which means you may not pass. You may also be up for LMI. If your credit cd limit is not maxed out have them reduced by ringing the bank, this…[Read more]

So long as the 2 of you do not have a signed agreement which could pop up if there is a fallout then Terryw has got it right.

if the home your buying is not new you can rent it out for the 10 month period and still qualify

You are required to move into your home within 12 months of settlement to be eligable for the FHOG.Once you have moved in you are required to stay for minimum 6 mths. If you don't require FHOG for settlement you have up to 12 months post settlement to apply and still qualify.

I do know that if the applicant has a good enough reason the OST will grant an extension. If your son is on a contract then i think you would have a good chance. There is lots of information on the OST website

Scott No Mates wrote:
Once you have identified a suburb (and preferably a house with the contract in hand, so that you aren't wasting council's time) visit the town planner. It will pay to download a copy of the LEP and the zoning map for the suburb.Thanks Scott No Mates, your help is very much appreciatedGeoff