Summary: Can I buy and refinance with 100% offset loans without using my cash?
| Aspects | Details |
|---|---|
| Customer | Jake Marshall |
| Broker | Rojan Paudel |
| Purpose | Expat looking to refinance and purchase new investment property. |
| Loan Amount | $300,000 (refinance) | $580,000 (purchase) |
| Security | $575,000 (refinance) | $725,000 (purchase) |
| LVR | 53% (refinance) | 80% (purchase) |
| Interest Rate | 6.14% (refinance) | 6.39% (purchase) |
| Income | $514,296 p.a. (Base $270,452 + Bonus $99,977 + Rental $143,867) |
Building Wealth As An Expat Investor
Jake Marshall is an Australian expat with a big plan. He wanted to make his property portfolio stronger by refinancing one investment property and buying another, all without touching his $1.6 million in savings. He earned $270,452 a year from his job, almost $100,000 in yearly bonuses, and more than $140,000 a year in rent from five investment properties.
Even with strong finances, Jake’s case wasn’t easy. Being an expat made things more complicated. Lenders had to check his overseas income, review his many rental properties, and make sure he could meet their strict rules. He needed an expert who knew which lenders to approach and how to package the application so it got approved quickly.
Lending Strategy And Expert Packaging
When Jake approached Home Loan Experts, he was looking for a mortgage broker who could truly understand his plans. That’s when he met broker Rojan Paudel. Rojan took the time to learn about Jake’s situation, then used his experience to map out a clear, step-by-step strategy.
Expat Income Conversion And Shading
- Challenge: Many lenders convert foreign income at conservative rates and then “shade” it further, which can reduce borrowing capacity.
- Solution: Rojan chose a lender that accepted expat applicants and recognised foreign income without excessive discounting, preserving Jake’s full earning power.
Complex Income Structure
- Challenge: Jake’s income came from multiple sources; salary, bonuses, and rental returns, all of which required precise documentation and clear presentation.
- Solution: Rojan separated each income stream, showing stable cash flow and strong servicing in a way the lender could easily assess.
Multiple Property Portfolio
- Challenge: With four existing investment properties, some lenders saw Jake’s total debt exposure as higher risk.
- Solution: Rojan used his credit expertise to address policy concerns upfront, presenting a clean credit story and leveraging strong BDM relationships to get quick approvals.
Finding The Right Loan Features
- Challenge: Jake needed competitive rates, high borrowing limits, and a 100% offset account to keep $1.6M cash accessible.
- Solution: Rojan secured two variable loans with offset features, 6.14% for the refinance at 53% LVR, and 6.39% for the purchase at 80% LVR, giving Jake the flexibility, tax benefits, and interest savings he wanted.
Jake’s Win
With the expertise of his broker, Rojan Paudel, Jake walked away with two perfectly structured loans that ticked every box on his wish list. Rojan helped him refinance his $575,000 property with a $300,000 loan at a low 53% LVR, freeing up equity without tying up his cash. At the same time, Jake purchased a $725,000 investment property with a $580,000 loan at 80% LVR. Both loans came with competitive variable rates and a 100% offset feature, giving him lower interest costs, full flexibility, and complete access to his funds whenever he needed them.
Your Turn
If you’re an expat or an investor with income from different sources, the right loan strategy can help you protect your money, pay less interest, and stay ready for your next big opportunity. With the right expert by your side, even a complicated loan application can be made simple, giving you the freedom to build your portfolio without unnecessary stress.
Call us on 1300 889 743 or complete our free online assessment form. Let’s explore your possibilities together.