Expatriate Residential Property Loans

Expatriates can purchase property in Australia as an Australian citizen living overseas. Neomoney make it as easy as 1, 2, 3. Lenders NOW understand that higher incomes are derived off-shore which lure Australian Expat’ to work in foreign countries to accumulate wealth by purchasing properties back home in Australian.

No Place like Home…

If you are the kind of Expat’ who likes to have total control over every aspect of your financial life, well we have the products to secure your residential purchase with as little as a 5% deposit (plus funds to cover the Government Costs) at a 95% LVR with the added ability to add the Lenders Mortgage Insurance (LMI) at local on-shore home loan interest rates.

As an expatriate once living in Malaysia for over 5 years, it’s only to obvious that you require a local on the ground who knows how the Australian financial criteria requirements operate, who understands Tax Treaties or Double Taxation Agreements which Australia has with over 40 counties when it comes to investing back home.

Which currency allows me to borrow up to 95% LVR?

If you are an Australian citizen living and working overseas, deriving your income in EUR, GBP, HKD, NZD, SGD or USD you are able to purchase a residential property as an Owner Occupied or Investment property.

If I borrow up to 95%, can I add the Mortgage Insurance into the loan?

Yes, is the majority answer for most lenders, however a few lenders max the borrowing amount at 95%. If interest rate or preferred lender is your driving factor then adding (capitalising) the LMI into the loan will depend on the choice of lender appointed.

I have 20% deposit, can I get a better interest rate?

Yes. Currently lenders are looking to at avenues to acquire more customers, therefore depending on the lender, lenders are offering either, Risk for Rate or Loan for Rate, interest rates.

• Risk for Rate: ~ means, the lower the LVR the lower the customer interest rate.
• Loan for Rate: ~ means, the higher the loan amount (dollar value, i.e. above >$500K, >$750K or $1 Mil) the lower the customer interest rate.