Yes, it is possible to get a home loan in Australia if you are on a temporary visa. However, the process is slightly more complex than the one for Australian citizens and permanent residents.
We help you understand the particularities of home loans for visa holders while negotiating great loan terms and conditions —like interest rates, fees, and repayment terms— to fit your needs.
Not every property in every location is eligible for all loan schemes. We will guide you while considering all the factors at play so you can choose the right property for your visa type and needs.
Consider Cairns as it is a great option with a relatively affordable property market. We’re local experts, accredited with all major banking institutions and lenders, plus we’re affiliated with insurers via the Steadfast group. This means we can get a good deal on your loan insurance as a temporary visa holder.
Several temporary visa categories are eligible for real estate loans in Australia. If you hold any of these, we can help you get your home loan:
Yes, the Foreign Investment Review Board (FIRB) oversees all foreign investment within Australia. As a temporary visa holder, you need to secure approval from them before you can buy property in the country.
We can help guide you through the process of getting FIRB approval for your home loan with ease.
We can help you get your home loan approved anywhere in Australia!
(07) 4211 3255
Conditions vary depending on your visa category, but generally speaking, lenders mainly consider:
Different types of visas have different restrictions, so we’ll give you personalised recommendations. However, in most temporary visa cases you’re eligible to buy:
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Lauren and the team have once again helped us secure the best available loan and rate for our mortgage. Seamlessly settled just before Christmas almost 3 years to the day since our first home settled. We wouldn’t trust anyone else! Five stars all the way! We have already referred multiple people and will continue to do so. Merry Christmas to the Eakins Finance and Insurance team.
Outstanding service, the team at Eakins made the entire process of buying a new home as smooth and stress-free as possible. No question too dumb, no detail too small. I’d happily recommend them to friends and family.