Can I get a loan to buy an Australian property if I am living overseas?
Yes, we have access to multiple lenders in Australia and Asia who have specialist non-resident lending departments catered for offshore borrowers.
If you are an Australian citizen or hold a Permanent Resident Visa you have a few additional options for finance as more lenders are prepared to provide mortgages.
As a Foreign Investor you still have a very good variety of options available to you and should have no difficulty in obtaining finance provided you can demonstrate an ability to meet the repayments on the Australian property loan after allowance for the Australian rental has been taken into account.
Lending is generally available for 80% of your total Australian property portfolio, including the new acquisition. Australian Citizens and Permanent Residents may qualify for a higher lending ratio.
Click here for further information on Australian Property Finance