Mortgage for Australian expat in Singapore and FHOG?

Any general questions you might have in regards to loans and finance.
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Otto Dargan
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Re: Mortgage for Australian expat in Singapore and FHOG?

Post by Otto Dargan »

Hi CJ Pk,

Mortgages for Australian expats in Singapore are available and the great news is that you won't be treated like a non-resident applicant by most lenders. This means you are eligible for the same interest rates and offers as Aussies living here.

Typically, you can simply provide your two most recent payslips and foreign tax returns as proof of your income.

Even if these documents may not be in English, several lenders have specialist non-resident departments with staff that understand many languages and dialects.

One of our lenders can also accept a letter from your employer as proof of your income if you don't have formal written payslips and you’re borrowing less than 80% of the property price.

When it comes to getting the First Home Owners Grant (FHOG), you’ll need to be buying property in Australia for the first time and also moving into the property for a minimum continuous period of six months within one year after the purchase.

Our mortgage brokers are specialists in getting Australian expat mortgages approved. You can discuss your situation and home loan needs with one of our experts by calling our overseas number +61 2 9194 1700 or filling in our free online assessment form.

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

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