Information Links
Foreign Investment Review Board…
Most major and second tier lenders will accept foreign borrowers & income at face value up to a loan to value ratio (LTV) of 80%. Normal employment criteria applies, i.e. stability, type of employment, etc. Anything beyond 80% LTV introduces the Mortgage Insurers who will not accept any foreign income for loans beyond 80% LTV.
For foreign investors, Foreign Investment Review Board (FIRB) approval is required when purchasing established property in Australia.
Lenders (Banks)…
Financial Broking Consultants Pty Ltd (FBC) has access and accreditation to over thirty major banks and lenders.
Whilst most banks will accept non resident applications, FBC will ensure you have its most suitable loan available to you and your circumstances.
Solicitors…
You are free to choose any legal representative, however we do refer our clients to Bakers Lawyers as our past experience with them has always been most satisfactory.
