Property Investment Loans for Non-residents and Foreign Nationals
Australian real estate continues to be an attractive investment for non-residents, foreign nationals and Australian residents living and working overseas.
These buyers will now find it difficult to access finance for Property in Australia from the major banks.
If you are a non-resident, foreign national or an Australian living and working overseas, First in Finance can help you secure an investment loan (subject to credit assessment).
We can design a Property Investment Loan to suit you including:
- Loans for non-resident borrowers looking to invest in Australia real estate with Foreign Investment review board approval (FIRB)
- Loans for Purchase or refinance purposes
- Loans for individuals with 90% of overseas income (converted to AUD) used for servicing + up to 100% of rent of the security property;
- Loans with 100% Offset account available
- Full Doc or Lo doc serviceability
- Loans with applications based on PAYG or self employment
| Max LVR / Loan Amount | Residential Full Doc | $1.25m < 80% LVR |
| $2.50m < 75% LVR | ||
| $3.00m < 65% LVR | ||
| Residential Lo Doc | $1.00m < 80% LVR | |
| $2.50m < 75% LVR | ||
| $3.00m < 65% LVR | ||
| Commercial | $2.00m < 70% LVR | |
| $5.00m < 65% LVR | ||
| Loan Terms | Maximum | 30 Years for Residential ( P & I) |
| 5 Years for Commercial (Interest Only) | ||
| Repayment options | Residential | Principal and Interest |
| Commercial | Interest Only | |
| Serviceability | Rent from security property | |
| Foreign income | ||
| PAYG | ||
| Self employed |
Contact First in Finance to discuss your requirements and or those of your clients.