However, the process involves navigating strict income and resource rules to maintain your eligibility. 1. How Homeownership Affects SSI Benefits
: As long as the home is your primary residence , its value (and the land it sits on) does not count toward the $2,000 individual or $3,000 couple asset limit. can you buy a house while on ssi
: Saving for a down payment is challenging because cash in your bank account does count toward the resource limit. To save safely, consider an ABLE Account , which allows individuals with disabilities to save up to $100,000 for "qualified disability expenses," including housing, without affecting SSI. However, the process involves navigating strict income and
Yes, you can buy a house while receiving Supplemental Security Income (SSI) . , meaning owning a home will not disqualify you from benefits. : Saving for a down payment is challenging