Home Loans for Non-Residents: Your Path to Homeownership in Australia.
We understand the unique challenges and opportunities faced by non-resident buyers, and we’re here to guide you through the process with expertise and care.
While purchasing property in Australia as a non-resident may seem daunting, there are home loan options available to help you achieve your homeownership goals. However, it’s essential to note that the range of lenders offering home loans to non-residents is limited, and eligibility criteria may vary depending on factors such as visa status, income, and credit history. Many lenders impose a maximum LVR of 80% for non-resident borrowers, meaning you’ll need to provide a deposit of at least 20% of the property’s purchase price.
In addition to meeting lender requirements, non-residents must obtain approval from the Foreign Investment Review Board (FIRB) before purchasing any property in Australia. The FIRB is responsible for ensuring that foreign investment in Australian real estate aligns with national interests and compliance regulations.
At Loanfi Finance and Mortgage, we specialise in assisting non-resident buyers navigate the complexities of securing home loans and obtaining FIRB approval in Australia. Our team of experienced mortgage brokers will work closely with you to understand your unique circumstances, assess your eligibility for home loan products, and guide you through the application process step-by-step.
With access to a network of reputable lenders and expertise, we’ll help you find the right home loan solution tailored to your needs and budget. Whether you’re purchasing your dream home, investing in rental properties, or planning for future residency in Australia, Loanfi is committed to helping you achieve your homeownership goals with confidence and peace of mind.
Contact us today to learn more about our home loan options for non-residents and take the first step towards owning property in Australia. We’re here to support you every step of the way!