For a number of years Australian temporary residents, expats and non-residents have struggled to obtain home loans on Australian property because of lending policy changes by some of the major banks. However this should not exclude you from being able to get a loan as an expat, whether it’s for your purchasing a home or building your investment property portfolio. Formation Finance have access to a wide range of mortgage lenders and loan products that can provide you with not only competitive rates but also speed and certainty.
| Non-resident loans | Interest Rate from |
|---|---|
| Expat (citizen/ PR) | 7.09% + |
| Temporary Residents (TR) | 7.09% + |
| Foreign (no visa) | 7.89% + |
