This page is for people who hold a Bridging Visa A (BVA) or Bridging Visa B (BVB) and would like to apply for a mortgage to buy a property in Australia.

Most of the bridging visa holders who we help with a home loan are in the process of applying for their Permanent Residency (PR).

How much can I borrow?

The percentage of the purchase price that you can borrow will largely depend on the type of visa that you’re in the process of applying for.

  • Borrow up to 95% of property value if your partner is an Australian citizen or permanent resident (PR).
  • If you’re on a spousal visa and applying for PR you can also borrow up to 95%.
  • Borrow up to 80% if you’re on a 457 visa and applying for PR.
  • Other visas applying for PR: As long as your migrant agent can confirm that you’re working full-time and are likely to be approved for PR, you can normally borrow up to 80%.
  • Other type of bridging visas: If you’re not transitioning to one of the above visas, or you’re not married or de facto with an Australian, we are unable to help you.

We’re specialists in helping people on a bridging visa to get approved for a mortgage in Australia.

Please either call us on 1300 889 743 or complete our free online assessment form and one of our brokers will call you to discuss your situation.


How do banks view bridging visas?

Applying for a home loan while on a Bridging visa is possible, although it’s more complicated. As a general rule, people on a Bridging Visa A (BVA) or Bridging Visa B (BVB) can be accepted for a loan for up to 80% of the value of the property that they’re buying.

This is because A & B visa holders are a lower risk, and have held a substantive visa before.

The amount you can borrow and the lenders that can approve your loan will depend on several different factors:

  • The visa that you were on prior to your bridging visa.
  • The visa that you’re applying for now. You can find out how banks see your visa type on these pages:

  • If you’re applying for Permanent Residency (PR) or for Temporary Residency (TR).
  • The length of time until your new visa will be granted / assessed by the Department of Immigration & Citizenship.
  • Any factors that will have a significant impact on your application such as being married to an Australian citizen or working in a high demand profession.
  • The overall merit of your application.

Did you know that most Australian banks don’t accept applications from foreign citizens living in Australia on a bridging visa? You need to apply with a lender who can consider your situation otherwise you are unlikely to be approved.

Other bridging visa holders such as C, D & E are assessed on a case by case basis.


Apply for a bridging visa mortgage

We specialise in helping those on a bridging visa to apply for a mortgage. Our mortgage brokers know which lenders can accept your home loan application and offer you competitive discounts.

Please either call us on 1300 889 743 or complete our free online assessment form, and one of our brokers will give you a call to discuss your eligibility for a bridging visa mortgage.

  • Steven

    I am on a bridging visa and am now applying for a 457 visa. I’ve read that we could borrow 80% of the property value. I want to ask whether I can borrow 90% and pay LMI for the extra funds?

  • Hi Steven, yes you could borrow 80% of the property value but there will be few lenders who would possibly do that based on your visa status.

    There are major lenders that allows you to borrow up to 90% if you pay extra for LMI (Lenders Mortgage Insurance), a once off fee. In fact, you could borrow up to 95% with some specialist lenders as well obviously coupled with LMI.

  • Wayne

    How can I get a home loan on a bridging Visa !! My wife on the bridging Visa and married to a Australia Citizen!! Where can we get a house loan please

  • Hi Wayne,
    Yes we can help with this. As a joint application with one Australian citizen and one bridging visa holder we can help you borrow up to 95% of the property value. Please call us on 1300 889 743.

  • Gear3

    I was thinking of getting this loan but seems I’ll be getting my PR sooner than expected so I’ll wait until I get it to go for a permanent resident home loan. Can you link me to the page where you’ve got the policies on info on this?

  • Hey Gear3,

    If you apply with the right lender, you can get approved for a home loan just like Australian citizens even if you’ve just recently got your PR. Here’s the link to the permanent resident mortgage page:
    https://www.homeloanexperts.com.au/non-resident-mortgages/permanent-resident-mortgage/

  • Natalie

    Hello I’m on a bridging B visa looking to buy land do site costs, is that something you can help with? Or would it be worth waiting for grant, as are you still eligible for the first time home buyers grant on the bridge visa

  • Hi Natalie,
    You wouldn’t normally receive the grant on a Bridging B visa unless you were buying with an Australian citizen who is an eligible first home buyer.
    If you’re buying in NSW, VIC or QLD then you may pay additional foreign citizen stamp duty as well. https://www.homeloanexperts.com.au/non-resident-mortgages/foreign-citizen-stamp-duty/
    We can help with a loan while on a Bridging visa however you need a large deposit. Typically we can lend a maximum of 80% of the property value.

  • May OS

    Hi there, Im on bridging visa A. I got a permanent casual job and will be starting on Wednesday, I’ll be earning 23.64 per hour. My husband and I wants to apply for a home loan this coming april or may. we already made a 5% deposit for the townhouse that worth $545,000. My husband has a permanent job and his pay is about $ 2,500 a forthnight and he currently he has a savings in the bank but its just like about $40,000. do you think its possible for the bank to allow us to get a loan?

  • Hi May,
    This is possible but not guaranteed. There is about to be a policy change for Aus citizens buying with a temp resident and so potentially you will not be able to borrow 95% in April or May. We just don’t know at this stage.
    At the same time we would need a minimum 3 months history in your new job to be able to use your income so you can’t apply now. If you can switch to permanent part time then we can use your income now and get you approved.

  • Vanessa

    Hi there, i work full-time and was holding a 457 visa before, but it was expired on Nov. last year. I am on Bridging Visa now, and still waiting for the result of my 457 extension result. Not sure when will the result come up. My property is going to settle soon. Is there any bank will consider this situation? and what is the bank’s name and what will the interest rate be? Thanks.

  • Hi Vanessa
    This is a tough situation. We’d need a letter from your employer and migration agent and the max we could consider is lending 80% of the property value. Indicative rates of 4% to 5.3% approx.

  • Vanessa

    Hi there,
    Thanks for your quick reply. Could I know which bank will consider it?

  • Vanessa

    Also, what information i need to include on the letter from my agent? Thanks.

  • May OS

    hi there,

    I’m not too sure if i understand properly. My job will be permanent casual. so meaning its not possible for me to put my name there? and also my husbands mum can lend him maybe $10,000-$15,000. how much percent of possibility we have that we can get a loan?

  • You’re welcome to contact our team if you’d like our assistance. We need to complete a full assessment to be able to recommend a lender. https://www.homeloanexperts.com.au/free-quote/

  • May OS

    I mean its a full time casual

  • May OS

    and also I just ask my husband how much exactly is the townhouse he said its just $520,000 I thought $545,000.

  • May OS

    It says that “95% of the property value: If you’re married to or defacto with an Australian citizen or permanent resident, regardless of your visa.” is this right?

  • Yes that’s right. But it’s about to possibly change to 80% max.

    As for permanent casual it would be counted as casual unless you receive annual leave and sick leave. If you receive leave then it’s considered part time or full time. At 95% they are very unlikely to make an exception to policy

  • May OS

    How about if its just in my husband’s name, and just put me as a second source of income.? the townhouse is worth $520,000, he already put 5%. He has $40,000 saving in the bank and his mum will lend him another $10,000-$15,000. can he get a 95% loan?

    sorry about so many question,

  • Yes this may work. Honestly we need a full application to give you accurate answers as lending policy is really complex. Please ask your husband to contact us if you’d like our assistance https://www.homeloanexperts.com.au/free-quote/

  • Micah

    I’m on BVA (awaiting PR visa) and I’m a single mother.Im working as casual and I get $1400 per forthnight.How many month bank statement that will needed before loan is approval?

  • Hi Micah,
    $1,400 per fortnight is unlikely to be enough to prove that you can afford a home loan. You can enter your situation in our how much can you borrow calculator https://www.homeloanexperts.com.au/how-much-can-i-borrow/ and check to see what you can borrow. You can also read this page with some info that may help you as well https://www.homeloanexperts.com.au/unusual-employment-loans/casual-employment-home-loans/
    I’d recommend waiting until you have PR and potentially increasing your hours (if possible) to allow you to borrow the amount you need.

  • Micah

    certain of people get their PR within few months or a year.I’ll ring immi office last 2 days ago and they ask me just wait.

  • Benson Chiang

    Hi, me and my wife are on bridging A (awaiting on PR subclass187visa). I have a full-time job and I am getting $4500 per month while my wife works part time and getting $2000 per month. We are currently renting but looking to buy our first property which is valued $550,000 to $600,000. just wondering if we still need FIRB approval to do so and how much can we borrow? thanks.

  • Hi Benson,
    If you’re in NSW, VIC or QLD then you might like to wait for PR as then you’ll avoid the additional stamp duty https://www.homeloanexperts.com.au/non-resident-mortgages/foreign-citizen-stamp-duty/
    Yes on your current visa you’d need FIRB approval.
    To calculate your borrowing power use this calculator https://www.homeloanexperts.com.au/how-much-can-i-borrow/
    FYI we specialise in helping people on PR as well do feel free to contact us if you’d like our help.

  • Amy Y

    Hi, I’m currently on 485 visa which will expiry next year and I’ve already got my bridging visa awaiting for 820 partner visa in the mean time. Bridging visa will be in effect once my 485 visa expired. I want to borrow 80% of the property on my own with title on my own as well. Is it possible?

  • Hi Amy,
    Firstly congrats on getting hitched to an Aussie. My impartial opinion is that they’re pretty amazing ;)
    With an 80% loan we can help you on a case by case basis. Bridging visa isn’t looked on favourably so we’d need to show evidence of your 485 visa and a letter from a migration agent confirming you’ve applied for an 820 visa. Evidence of being married or having your relationship registered with the government would also be helpful.
    Your income on your own would need to be sufficient to pay the loan and it’s best to also provide evidence that your partner has their own income (e.g. one recent payslip) to show that they aren’t financially dependent on you.
    If you’re in NSW, VIC or QLD then you’ll pay foreign citizen stamp duty https://www.homeloanexperts.com.au/non-resident-mortgages/foreign-citizen-stamp-duty/ so it would be better to buy in your partner’s name and have the loan in joint names. You can create a legal agreement to protect each others interests if you like.
    If you’re in SA, ACT, TAS, WA or NT then buying in your name alone is fine and won’t incur more stamp duty.
    If you’d like our assistance to get approved for a loan then please contact us here https://www.homeloanexperts.com.au/free-quote/

  • jungle

    Hi, I was initially on 457 visa but now on bridging visa A. Same with my wife. We each make an average of 3500 per week. What are our chances with getting a home loan?

  • Hi Jungle
    Possibly we can assist. I assume you’ve lodged your PR application?
    What percent of the property value do you want to borrow?
    Which state are you in?
    Thanks

  • Elijabeth

    I’m currently on Bridging visa A (BVA) and have 6 months remaining. I have also applied for my PR and waiting for it. I’ve found a suitable 2 bedroom apartment in Gold Coast. Can I apply for a home loan right away?

  • Hi Elijabeth,
    There are very few banks who accept applicants on Bridging visa A (BVA) nowadays and the maximum you could borrow is usually limited to 80% of the property value. Furthermore, you have to pay more stamp duty and other applicable charges if you apply now but you will have to pay those charges on par with the Australian citizen once you receive your PR. So, you could either wait for your PR and risk losing the property or buy now, pay more in stamp duty and come up with a 20% deposit in order to qualify (PR holders only need as little as 5-10% deposit to be considered for a mortgage). The alternative is to borrow with an Australian citizen or a PR holder and own the property as joint tenants.You’ll still avoid the stamp duty surcharge and potentially be able to borrow up to 95% of the property value.

  • bejay

    I am trying to find out if my friend can buy a house or flat . he is on a Shev BV 785 . if so I will send him to you to discuss a loan etc.

  • ajayarora

    My wife is currently on BVA of onshore partner migration and I hold a PR. We are planning to apply for home loan but wanted to be sure if her income will be considered for borrowing capacity and what will be the impact of her bridging visa status on our home loan application.

  • Hi Ajay,
    Yeah, there are a couple of banks which could use her income as well. Moreover, her visa status means that you have to pay additional stamp duty on her portion if you guys are buying as joint tenants. So, you could buy the property on your name (single titleholder) but jointly apply for a home loan. Call us on 1300 889 743 or enquire online https://www.homeloanexperts.com.au/free-quote/ and speak with a broker specialising in bridging visa home loans.

  • salmila

    hye..how if i want to buy house cost 100, 000 by cash.Is it i have to apply any visa? Pls. advise me.

  • Hi Salmila,
    If you have a bridging visa and you’re planning to buy a property on cash, you don’t have to apply for another visa, however you still have to obtain an approval from the Foreign Investment Review Board (FIRB). You can speak with a conveyancer and check for other requirements thereafter. You can find a list of recommended conveyancers here: https://www.homeloanexperts.com.au/recommended-conveyancers/.

  • salmila

    thanx.its amazing..

  • Vikky

    Hai I applied for my pr and waiting on a decision and can I buy a vacant block when I put 20 % deposit

  • Hi Vikky,
    That would depend on the visa you are currently on. Some banks allow 80% lending to people on temporary and working visa, but the qualifying criteria are quite stringent. It’s usually better to wait until you receive your PR.
    Moreover, the stamp duty varies as per the state. So, please use this calculator https://www.homeloanexperts.com.au/mortgage-calculators/stamp-duty-calculator/ and find the applicable stamp duty. Call us on 1300 889 743 if you want to speak with a mortgage broker about your situation.