Do I Qualify for Home Choice?
As a guide, the main Home Choice eligibility criteria are:
Maximum qualifying income
$70,000 (single applicants)
$90,000 (couples/siblings/families)
Deposit
$2,000 or 2% of the applicants’ property share value, whichever is the greater.
Maximum Other Debts
Cannot exceed 10% of monthly assessable income. Eg: Car loans, personal loans, credit card debt