Re: Can a New Zealander apply for a home loan in Australia?
Posted: Thu Mar 21, 2019 7:08 pm
Hi Theo,
Welcome to the forums.
As a New Zealand citizen living in NZ, some of our lenders will allow you to borrow up to 85% of the property value.
Although some lenders charge a higher interest rate to foreign nationals, we have a lender that can offer NZ citizens the same interest rates as an Australian citizen.
If you’re moving to Australia, you might actually be eligible to borrow up to 95% of the property value.
However, depending on the state you're moving to, you will need to be in the country for at least 200 days to be eligible to avoid the foreigner stamp duty surcharge.
Please call us on +61 2 9194 1700 from overseas or on 1300 889 743 from within Australia.
You can also complete our free assessment form and one of our Australian mortgage brokers will call you to discuss your situation.
Cheers,
Otto
Welcome to the forums.
As a New Zealand citizen living in NZ, some of our lenders will allow you to borrow up to 85% of the property value.
Although some lenders charge a higher interest rate to foreign nationals, we have a lender that can offer NZ citizens the same interest rates as an Australian citizen.
If you’re moving to Australia, you might actually be eligible to borrow up to 95% of the property value.
However, depending on the state you're moving to, you will need to be in the country for at least 200 days to be eligible to avoid the foreigner stamp duty surcharge.
Please call us on +61 2 9194 1700 from overseas or on 1300 889 743 from within Australia.
You can also complete our free assessment form and one of our Australian mortgage brokers will call you to discuss your situation.
Cheers,
Otto