Hi

For potential home owners or investors who are on a 457 or 485 VISA there are some good options for you as per the above posts there are competitive rates out there. 457 VISA applicants we regard as excellent clients as they are sponsored from overseas to Australia by a employer usually with a skill set which is in demand there is usually a…[Read more]

Hi jayr_gwaps

For potential home owners or investors who are on a 457 VISA there are some good options for you as per the above posts there are competitive rates out there. 457 VISA applicants we regard as excellent clients as they are sponsored from overseas to Australia by a employer usually with a skill set which is in demand there is usually…[Read more]

Hi Dloy,

Thanks for the plug

Lately i have been able to help 457 Visa holders who have been in the country and in work for a week, as long as i get one pay slips we can go up to a 90% lend. This is with competitive rates and with well known Australian banks.

Also if the funds were overseas and were from sales from home then there is no need…[Read more]

Appreciate the responses i have today learned about SDT’s, good place to educate myself better.

My thinking is:

Corporate trustee structure where Victoria and Brother are directors and beneficiaries.
Both will guarantee the trustee company who will be the borrower of the loan, servicing will be with disability pension and Victoria’s income and rental income if this property is considered a investment.
I do not believe that the First Home…[Read more]

I think we all missed that point, good response.

Thank you Terry, much appreciated. I have had a call from Firewater this morning and speaking with her we are going to be working with each other in the next few days setting up her approval.

I am active on our own forum on our website but can see from your number posts you do have a extensive contributions to this forum.

Small world

Thank you Richard for correcting me, you are right on all counts. I want to see if i can get to 9000 posts on this forum

Hahahah i see i am already becoming infamous.

I most definitely agree with Richard and Jamie, if you are a first home owner then definitely use the government grant to your advantage. When you have built up enough equity and then you can leverage into your next property.

Like Richard i too don’t see an issue of buying a PPR, obtain the grants,…[Read more]

Straight shooter.. mate think we got off on the wrong foot. Lets bury this and be on our merry way.

Hi mate,

I agree strongly with Jamie and NHG. Also congrats on what you accomplished at your age. I too am also in your situation not sure if my next purchase should be my home or another investment project. I cannot justify paying my own mortgage when i can potentially knock it down and build something.

A Investment security is always going to…[Read more]

Jamie M wrote:

Godhav wrote:
I'm working with Hank / Hoa at Homeloan Experts for my homeloan application and saw on their website at http://www.homeloanexperts.com.au/about_us/testimonials/ that they did secure homeloans for clients with a 457 visa.Hope this helps!

Hmmm…..first post….spruiking a business……then said business appears…[Read more]

Hahahaha third time lucky. Appreciate your help.

Thank you for the heads up! Much to learn

Agreed with Richard, sub division first then proceeding to do a valuation is important, many banks if the land is not subdivided will take the current land value and add the building figures on top, meaning a lower valuation.

For example, a 600 sqm block is worth $300,000, but sub divided would mean 2 blocks each being $200,000. If we are…[Read more]

You can obtain some more information from our website.

http://www.homeloanexperts.com.au/non-resident-home-loans/work-visa-loan/

Hi Firewater,

Godhav has advised to join up and give as much information as i can with for other potential home owners who are on a 457 VISA.
457 VISA applicants we regard as excellent clients as they are sponsored from overseas to Australia by a employer usually with a skill set which is in demand. A lot of people in the engineering, IT or…[Read more]