Last Updated: 3rd August, 2017

Borrow Up To 95% On A 457 Visa

Published by Otto Dargan on June 13, 2014

457 visa holders living in Australia can now borrow up to 95% of the purchase price of a home including lenders mortgage insurance (LMI) thanks to a recent policy changes with one of our banks.

What does approval depend upon?

Approval is still subject to your financial situation and employment history but with one of our lenders there is no longer a requirement for there to be one year left on your visa before applying for home loan.

In addition, it is not an eligibility requirement for you to be married or in a de facto relationship with an Australian citizen or permanent resident!

For more details on this change in criteria, check out our 457 visa mortgage page.

We specialise in 457 visa home loans!

Call us today on 1300 889 743 or fill in our free assessment form to apply for this amazing home loan offer.