FBAA Article: Helping Divorcees Rebuild with Hope and Security
The Challenges Divorcees Face When Re-Entering the Housing Market
When brokers think of deposit support strategies, the conversation almost always turns to first-home buyers. Yet there is a growing and often overlooked group who are just as in need of guidance: divorcees trying to re-enter the housing market.
At Home Affordability Solutions (HAS), we see lives transformed when these clients are given a pathway back to ownership.
Divorce brings not only emotional upheaval but also a financial reset. Clients who once owned property with a partner often find themselves without savings, without a home, and with reduced borrowing power.
Equity is divided, liabilities may remain, and confidence is often shaken. Unlike first home buyers, divorcees rarely qualify for government programs such as the First Home Owner Grant, stamp duty concessions, or the federal Home Guarantee schemes, because previous ownership makes them ineligible.
This leaves many in limbo, facing the same deposit challenges as first-time buyers, but without the same level of support.
This is where brokers can make a profound difference. Divorcees represent a distinct client group, one that requires empathy as much as technical expertise.
By reframing what is possible, brokers can shift the conversation from loss to opportunity. Showing achievable pathways back to the property market, clarifying eligibility, and offering deposit support strategies can restore not only financial options but also dignity.
How HAS Supports a Pathway Back to Home Ownership
At HAS, we believe supporting divorcees is one of the most important opportunities in today’s housing market. Our shared equity product is designed to ease the toughest barriers by reducing deposit requirements, eliminating the lender’s mortgage insurance, and providing structured support throughout the crucial first years of ownership.
With the ability to enter the market from as little as a 2.5% deposit, clients can begin rebuilding their lives with stability and dignity, confident they are not making the journey alone.
As CEO, I want to ensure that every Australian has the opportunity to own a home, regardless of their circumstances or the challenges they face along the way. At HAS, our heart is to provide hope, dignity, and security for those who may feel excluded.
We are here to support brokers in recognising this overlooked segment and to ensure these clients are not left behind.
More Than Business: Creating Better Outcomes for Clients
For brokers, this is more than business. Guiding divorcees back into the market is about restoring stability, providing reassurance, and delivering outcomes that genuinely change lives.
By stepping into this space with both empathy and expertise, brokers can open the door to a new beginning for their clients and create trusted, lasting relationships in the process.
By Beth Comino CEO, Home Affordability Solutions www.hasloans.com.au
Featured In: FBAA
