How do I qualify for a home loan with a TSS/work visa?

Any general questions you might have in regards to loans and finance.
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Otto Dargan
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Re: How do I qualify for a home loan with a TSS/work visa?

Post by Otto Dargan »

Hello Chanchai. Welcome to the forums.

A few things have changed with visa schemes, however, the good news is that you may still be able to secure a mortgage with select Australian lenders.

As a general rule :
  • With a Medium and Long Term Strategic Skills List (subclass 482) visa, you may be able to borrow up to 90% of the property value as a special exception to standard lending policy with a couple of our lenders.
  • Visa expiry: Your visa must have over 12 months remaining, however, there are certain exemptions.
We’re mortgage brokers specialising in securing home loans for temporary residents in Australia, particularly borrowers on TSS and 457 visas.

Please call us on 1300 889 743 or you can fill in our free assessment form to see if you qualify for a mortgage.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: How do I qualify for a home loan with a TSS/work visa?

Post by Otto Dargan »

Hi Chanchai,

Although there are only a few lenders operating in this space, TSS visa holders won’t necessarily have to pay higher interest rates.

As long as you’re in a good financial position, with a stable job and a good deposit, you might even be eligible for interest rate discounts.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

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