Are you a non-resident looking to invest in the Australian property market? Every year thousands of foreign nationals, Australian ex-pats and temporary residents consider purchasing an owner-occupied or investment property in Australia.

There is a home loan for you.

What is a Non Residence Loan?

A non residence loan is a type of mortgage offered to non Australian citizens or residents. Few Australian banks will lend to foreign investors as this is a complex and high risk area of lending. However, here at Credit Chamber, we pride ourselves in our ability to find the right loan for foreign investors.

What is a non-resident borrower?

A non-resident borrower refers to those who typically do not hold permanent residency in Australia or are Australian Citizens living and working overseas.

What properties can a non-resident purchase?

Non-residents are generally expected to purchase real estate and residential development properties either for construction or off the plan in accordance with the Foreign Investment Review Board (FIRB) rules.

How much can I borrow?

Most people buying real estate in Australia are able to borrow 80% of the property value. In some cases it is possible to borrow up to a maximum of 95%. However, this depends on where you are living, if you are an Australian citizen or not, as well as the terms of your current visa. Often for a non-resident borrower, it is lower.