Temporary Resident Mortgage

basic homeloans

Temporary Resident Mortgage

If you’re a temporary resident living in Australia, you may qualify for a mortgage. The amount that you can borrow depends on the type of visa that you hold and the way that the lender you are applying with views your visa status: 80% of the property value: All temporary visa holders can apply for a mortgage for up to 80% of the property value. In many cases, these applications are from international students. 90% of the property value: We know a lender that can consider a loan for up to 90% of the property value as long as you have stable employment and are in a strong financial position.

  • 95% of the property value: If you are married to an Australian citizen or permanent resident and on an Interdependency Visa (subclass 310/110 and 826/814) or spouse visa/partner visa (subclass 309/100 and 820/801), then you may be able to borrow up to 95% of the property value.

Did you know that the services of a mortgage consultant in Australia are usually free?

The amount you can borrow depends on the type of visa you hold and the way the lender views your visa status.

80% Of Property Value

All temporary visa holders can apply for a mortgage for up to 80 percent of the property value. This is a common choice for international students.

90% Of Property Value

Available to temporary visa holders with stable employment and a strong financial position.

95% Of Property Value

Available to temporary residents who meet any of the following criteria…

  • married to an Australian citizen,
  • married to a permanent resident
  • hold an Interdependency Visa (subclass 310/110 and 826/814)
  • Hold a spouse/partner visa (subclass 309/100 and 820/801)

Most mortgages are closed with no mortgage consulting fees.