Re: Buying with a temporary 461 spousal visa holder as a New Zealander
Posted: Thu Apr 18, 2019 6:56 pm
Hello Lincoln. Welcome to the forums.
When a New Zealand (NZ) citizen on a 444 visa is borrowing with a joint borrower on The New Zealand Citizen Family Relationship (Temporary) 461 visa, some lenders will focus their approval decision on the 461 visa. Some lenders could decline your loan or limit you to borrow up to 70% of the property value.
There are some lenders who will approve up to 95%. The choice of lender matters. Bear in mind that lenders will want your spouse to be fully approved for a 461 visa when you apply for your home loan.
Speak with one of our experienced mortgage brokers by giving us a call
on 1300 889 743 or fill in our free assessment form to find out if you qualify for a New Zealand citizen home loan.
Cheers,
When a New Zealand (NZ) citizen on a 444 visa is borrowing with a joint borrower on The New Zealand Citizen Family Relationship (Temporary) 461 visa, some lenders will focus their approval decision on the 461 visa. Some lenders could decline your loan or limit you to borrow up to 70% of the property value.
There are some lenders who will approve up to 95%. The choice of lender matters. Bear in mind that lenders will want your spouse to be fully approved for a 461 visa when you apply for your home loan.
Speak with one of our experienced mortgage brokers by giving us a call
on 1300 889 743 or fill in our free assessment form to find out if you qualify for a New Zealand citizen home loan.
Cheers,