Search found 3 matches

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Mon May 13, 2019 7:54 pm
Forum: Home Loan Forum
Topic: What are the main challenges faced by Australian expats when applying for a mortgage?
Replies: 5
Views: 11711

Re: What are the main challenges faced by Australian expats when applying for a mortgage?

My solicitor can be my POA and everything else seems pretty straight-forward so far, except I have no idea what is the maximum amount I can borrow?
by
Mon May 13, 2019 5:28 pm
Forum: Home Loan Forum
Topic: What are the main challenges faced by Australian expats when applying for a mortgage?
Replies: 5
Views: 11711

Re: What are the main challenges faced by Australian expats when applying for a mortgage?

Great. What are the interest rates like? How do I qualify for interest rate discounts?
by
Mon May 13, 2019 4:17 pm
Forum: Home Loan Forum
Topic: What are the main challenges faced by Australian expats when applying for a mortgage?
Replies: 5
Views: 11711

What are the main challenges faced by Australian expats when applying for a mortgage?

Hi, I’m currently in my second year of a three year contract for a Singaporean firm as an IT consultant (data migration, UI etc.). I have an apartment in Sydney which I rent out at $400/week with a mortgage balance of $280,000. I’m looking at picking up another in Melbourne preferably a townhouse as it’s likely that I’ll be moving there at the end of my contract, working for the same firm. I earn about SGD $110,000 per year excluding annual bonuses. What are the main challenges faced by Australian expats when applying for a mortgage?