Aussie Expats and
Non-Resident Loans

Yes, you can get an Australian home loan if you are an expat. There are a number of lenders who offer home loans to expats, and the terms and conditions of these loans will vary from lender to lender. However, in general, you will need to meet the following criteria to qualify for an expat home loan:

• You must be a permanent resident of Australia.
• You must have a valid Australian passport.
• You must have a good credit history.
• You must be able to afford the repayments on the loan.

If you would like to know more about this, get in touch with us. We will walk you through the requirements, help you put together a plan so you can successfully apply for a loan even if you’re ineligible.

An Australian Expat home loan is a loan that is available to Australian citizens or permanent residents who are living overseas. These loans can be used to purchase an investment property in Australia, or to refinance an existing property.

To be eligible for an Australian Expat home loan, you must meet the following requirements:

• You must be an Australian citizen or permanent resident.
• You must be living overseas for at least 6 months.
• You must have a good credit history.
• You must be able to afford the monthly repayments.

The interest rates on Australian Expat home loans are typically higher than the interest rates on home loans for borrowers who are living in Australia. This is because lenders consider expat borrowers to be a higher risk.

To learn more about non-resident home loans for Australia, fill out our contact form. We will be in touch to discuss your financial goals and the best course of action for your circumstances.

There are a number of benefits to getting an Australian home loan, even if you are an expat. These benefits include:

• You can invest in Australian property, which is a popular investment for expats.
• You can get a fixed interest rate, which can help you to budget for your repayments.
• You can get a loan with a long term, which can give you peace of mind.
• You can get a loan with a low interest rate, which can save you money on your repayments.

If you would like to learn more about the benefits of Australian Expat home loans and what Simplify Finance can do for you, book a call with us or fill out our contact form.

There are a number of fees associated with Australian expat home loans. These fees can vary from lender to lender. However, some common fees include:

• Application fee
• Lender’s mortgage insurance (LMI)
• Stamp duty
• Appraisal fee
• Setup fee

There are a few types of home loans available to Australian Expats. These include:

• Standard Australian Expat home loan: This is the most common type of Australian Expat home loan. It is available to Australian citizens or permanent residents who are living overseas for at least 6 months. The interest rates on standard Australian Expat home loans are typically higher than the interest rates on home loans for borrowers who are living in Australia.
• Holiday home loan: This type of loan is available to Australian citizens or permanent residents who are living overseas but who plan to return to Australia within 12 months. Holiday home loans typically have lower interest rates than standard Australian Expat home loans.
• Investment Australian Expat home loan: This type of loan is available to Australian citizens or permanent residents who are living overseas and who want to purchase an investment property in Australia. Investment Australian Expat home loans typically have higher interest rates than holiday home loans.
• Refinance Australian Expat home loan: This type of loan is available to Australian citizens or permanent residents who are living overseas and who want to refinance an existing home loan. Refinance Australian Expat home loans typically have lower interest rates than new home loans.

To apply for an Australian Expat home loan, get in touch with us to set up a consultation. Once we understand your financial goals and circumstances, we can help you find a lender and assist you with the entire application process. Simplify Finance specialises in expat property investment mortgage solutions and is committed to finding a solution that works the best for you.

Get started with us today to learn more and see what we can do for you.