Australian citizens loan

Who is this page for?

This page is for Australian citizens living overseas (expats) who would like to apply for a home loan to buy real estate in Australia.

How much can you borrow?

If you are a non resident Australian Citizen then you may be able to borrow up to 90% or 95% of the property value if you are in a good financial position, have a high income and stable employment. If you do not then your borrowing may be limited to 80% of the property value.

If you are an Australian Citizen living overseas however you are married to a Foreign Citizen then you may be able to borrow up to 90% or even 95% with some select lenders.

If you are currently living in Australia or New Zealand and intend to move overseas at a later date then you may be able to borrow up to 95% of the property value.

Will I pay a higher interest rate?

No, you should not pay a higher interest rate unless you can’t provide evidence of your foreign income. A few banks will not offer you the same discounts as people residing in Australia however we can often successfully negotiate a substantial discount below the Bank Standard Variable (BSV) rate.

Is Australian Government approval required?

No Foreign Investment Review Board approval is not required, even if you are buying with a spouse who is not an Australian citizen (refer to FIRB website for more details).

Apply for a loan

We are mortgage brokers that specialise in helping people overseas to buy property in Australia. We have helped countless Australian Expats to buy a holiday home or invest in Australia.

If you would like to buy a property in Australia and would like to know more about how we can help then please contact us on +61 2 8668 4038 during business hours or enquire online.