Australia is filled with expats, foreign nationals and residents here just for the short term. Due to this, the process for non-resident mortgages in Brisbane is slightly different. It’s important to be aware of a number of key aspects and at Hunter Galloway, we can help you with this process.
Understanding the property market in Australia is key to buying and making a serious commitment. Once you have a clear understanding of this, the next thing you need to know
Temporary residents and foreign investors will be required to make this application. On some occasions there are exceptions for foreign citizens including if the property was inherited or the developer has obtained an exemption certificate for the new property, other exceptions and details can be found in full on the government departments website here.
Note: Those who are Australian citizens, permanent residents, New Zealand citizens or temporary residents purchasing with an Australian citizen spouse are not required to get
Home Loans and Investment Loans
How much can I borrow?
As with all
Non-Resident Mortgage Loans
On some occasions, banks will offer the same loan features for non-residents as they do for standard borrowers, our team will be able to advise you on this. Generally, the standard non-resident mortgage features include:
30-yearmaximum term loan
- 100% offset available
- No limit to maximum loan size
- 15 years maximum interest
- Maximum LVR – determined by your situation
- Minimum loan size $100,000
These features heavily depend on your lender, therefore speak to Hunter Galloway so that we can find you the best loan options with flexible policies to suit your requirements.
Why invest in Australian property? Which lender should I choose?
Australia’s booming economy, great lifestyle
The point of difference about Hunter Galloway is that you’re not just another number. Our team
Chat to one of our experts today on 1300 088 065 or email us here.