Visa

HOLDERS

Visa

HOLDERS

Can temporary residents get a first home loan in Australia?

Many Australian lenders are cautious about extending home loans to first home buyers who aren’t Australian permanent residents or citizens. This reluctance stems from concerns about stability and residency status.

However, at AussieFin, we specialise in helping temporary residents navigate the complexities of securing their first home loans with confidence.

Key Information:

  • Yes, You Can Get a Loan:

While only a select few lenders offer loans to temporary residents, it’s entirely possible to secure your first home loan with competitive interest rates comparable to those available to permanent residents and citizens.

  • Accepted Visas:

We facilitate loans for a wide range of visas, allowing borrowing up to 95% of the property value. This includes Partner Visas (309/100, 820/801, 310/110), Work Visas (444, 457, 482/491) and Interdependency Visas (826/814).

  • Joint Applications:

If your partner is an Australian citizen or permanent resident, you can apply jointly, potentially allowing you to borrow up to 95% of the property purchase price.

  • Foreign Income Considerations:

Income earned in various currencies (such as GBP, EUR, USD, and more) can be considered for loan assessment, broadening opportunities for borrowers with international income streams.

  • Government Incentives:

Depending on your circumstances, you can qualify for First Home Owner Grants and state-specific incentives if you purchase with an Australian citizen or permanent resident partner.

Key Information:

Yes, You Can Get a Loan:

While only a select few lenders offer loans to temporary residents, it’s entirely possible to secure your first home loan with competitive interest rates comparable to those available to permanent residents and citizens.

Accepted Visas:

We facilitate loans for a wide range of visas, allowing borrowing up to 95% of the property value. This includes Partner Visas (309/100, 820/801, 310/110), Work Visas (444, 457, 482/491) and Interdependency Visas (826/814).

Joint Applications:

If your partner is an Australian citizen or permanent resident, you can apply jointly, potentially allowing you to borrow up to 95% of the property purchase price.

Foreign Income Considerations:

Income earned in various currencies (such as GBP, EUR, USD, and more) can be considered for loan assessment, broadening opportunities for borrowers with international income streams.

Government Incentives:

Depending on your circumstances, you can qualify for First Home Owner Grants and state-specific incentives if you purchase with an Australian citizen or permanent resident partner.

Why Choose AussieFin?

At AussieFin, we understand the unique challenges faced by temporary residents in the Australian property market.

Our experienced team specialises in tailoring solutions to match your specific needs, ensuring a smooth and supportive journey from application to settlement.

Why Choose AussieFin?

At AussieFin, we understand the unique challenges faced by temporary residents in the Australian property market.

Our experienced team specialises in tailoring solutions to match your specific needs, ensuring a smooth and supportive journey from application to settlement.

Take the Next Step:

Ready to embark on your journey to home ownership in Australia? Connect with our expert team today for a complimentary consultation. Whether you’re seeking clarity on visa requirements, income considerations, or eligibility for government incentives, AussieFin is here to help you achieve your dream of owning your first home.

Contact us now to get started on securing your first home loan as a temporary resident.
Let AussieFin guide you through every step of the process!