Non-Resident
APRA Tells The Banks What To Do
Did you know that the Australian government monitors and reviews the lending criteria of the banks? The Australian Prudential Regulation Authority (APRA) released for consultation ‘APG 223 – Residential Mortgage Lending’, a draft prudential practice guide intended to...
Read morefolderCategory: Credit Score, Home Loan Articles, Investment Loans, Lenders Mortgage Insurance, Low Doc Loans, News, No Deposit Home Loans, Overseas Borrowers, Policy Changes, Unusual Employment Loans
bookmarkTags: Banks, Credit Checks, Credit Score, Government, Home, Home Loan, Lenders, Lenders Mortgage Insurance, Loan, Mortgage, Mortgage Broker, News, Non-Resident, Over 55, Report
The Queen’s Home Loan Would Be Declined
What would happen if Queen Elizabeth II applied for a home loan in Australia? If the banks used common sense, which they don’t, then surely she would get approved? Actually, it wouldn’t be so easy. Australian banks are required to follow lending standards set by the...
Read morefolderCategory: Overseas Borrowers, Temporary Residents, Unusual Employment Loans
bookmarkTags: Government, Home Loan, Mortgage, Non-Resident, Over 55
Significant Investor Mortgages
Are you a high net worth (HNW) foreign investor seeking to invest in Australia? Since the Australian government introduced its Significant Investor Visa (SIV) scheme in November 2012, it has never been a better time for foreigners to invest in a vibrant and diverse economy. Best...
Read morefolderCategory: Investment Loans
bookmarkTags: Investment, Investment Strategy, Investors, Loan, Mortgage, News, Non-Resident
Why Do Foreigners Like Australian Mortgages?
Do you qualify? If you’ve just arrived in Australia or have been living here for a number of years on a working visa you may be wondering if you are eligible for a home loan. In the infographic above, we’ve laid out the facts and dispelled the myths about Australian...
Read morefolderCategory: Infographics
bookmarkTags: 457 Visa, First home Buyer, Government, Home Loan, Loan, Mortgage, Mortgage Broker, Non-Resident
Foreign Investment Tips From Experts
A stable economy and rising property prices make Australia one of the better countries to invest in, but what if you have never invested here before? How exactly does an international property investor get started in the land down under? If you have been asking yourself that...
Read morefolderCategory: Investment Loans, Overseas Borrowers
bookmarkTags: 457 Visa, Home Loan, Investment, Lenders, Loan, Mortgage, Non-Resident, Stamp Duty
Australian Mortgages For USA Citizens
Contrary to popular belief, there are Americans that actually know where Australia is! In fact, each year, thousands of US citizens migrate Down Under to become expats to holiday and work, and some even end up buying their very own slice of the Australian dream. A large number...
Read morefolderCategory: Overseas Borrowers, Temporary Residents
bookmarkTags: 457 Visa, Home Loan, Investment, Investors, Mortgage, Mortgage Broker, Non-Resident, Property Investment
The LAFHA Changes Affect Non-Residents
Temporary visa holders on the Living Away From Home Allowance (LAFHA) will now have a reduced income due to changes in the LAFHA policy. This may affect your borrowing capacity. Read on to find out how. What is the LAFHA? LAFHA is an allowance that is designed to be paid to an...
Read morefolderCategory: News
bookmarkTags: 457 Visa, Government, Home Loan, Mortgage, Non-Resident
