Non Resident Loans

Also known as expat loans, these are home loans that are designed for Australian citizens living and working overseas These loans are offered by Australian banks and can be used to purchase a property in Australia. The eligibility criteria for expat loans vary depending on the lender, but generally, you must be an Australian citizen or permanent resident living overseas, have a stable income, and meet the lender’s credit requirements.

Can I use my foreign income?
Yes, you can use your overseas income to qualify for a home loan in Australia. Australian banks offer foreign income home loans for Australian citizens living and working overseas. The eligibility criteria for these loans vary between lenders, but generally, you must be an Australian citizen or permanent resident living overseas, have a stable income, and meet the lender’s credit requirements. You can borrow up to 90% of the property value if you’re an Australian earning income in a foreign currency. If you can’t provide normal income verification documents, you can borrow up to 80% of the property value. The amount you can borrow and the interest rate you’ll pay will depend on your financial situation and the lender’s policies.