Acquiring property or refinancing an existing one in Australia as an Australian citizen residing overseas can be a challenging task. However, our award winning mortgage brokers specialize in obtaining home loans for Australian citizens who live and work abroad, allowing them to borrow up to 95% LVR at the standard home loan interest rates.

Using an expat lending specialist can be beneficial because navigating bank policies on home loans for non-residents can be complicated. Different lenders have varying credit policies and criteria for home loans, which can make it difficult to understand which bank is the best fit for your circumstances. A mortgage broker who specializes in expat lending has expertise in this area and not only can help you find a suitable lender that maximizes your chances of securing a home loan, they can also obtain competitive interest rates and a fast approval for your application. They are also a wealth of knowledge in giving you free lending guidance and proposals.

Frequently Asked Questions

Typically, you can borrow up to 80% of the total property price as an Australian citizen residing overseas. However, the exact amount may vary depending on individual circumstances, and in some cases, you may be able to borrow up to 95% LVR.

No, you will have access to the same interest rate options as any other mortgage applicant, and in some cases, the rates available may be lower than the standard variable rate. As an overseas Australian citizen, you will not have to pay higher interest rates than if you were a tax resident.

While some brokers and lending institutions may have told you that 80% is the limit for overseas Australian citizens to borrow, in certain cases, you may be eligible to borrow up to 95% LVR. This means you could purchase a property with as little as a 5% deposit, along with stamp duty costs and fees.

Yes, you will have access to the same features as any other borrower, including an offset account to reduce your overall interest payments, redraw facility, and you can also make additional repayments to pay off your loan faster and reduce interest payments.

As an Australian citizen, you do not need approval from the Australian Foreign Investment Review Board for your home loan, even if you are residing overseas.

Expat Lending