All Topics / Help Needed! / Finance for Non residents

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of mgrmgr
    Member
    @mgr
    Join Date: 2004
    Post Count: 50
    September 12, 2004 - 9:35 pm

    Don’t knowif anyone can help but i’ll give it a try.

    If you are a non resident but have a TFN and a fully paid property with 100% available equity in the property are there any Australian firms that will consider finance for further IP using the current property as security?.
    I asked a couple of main banks but they preffered permanent resident status which i dont have yet.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 13, 2004 - 1:12 am

    Hi

    Yes there are banks that will lend to non residents, such as St George. There are various restrictions such as which country you are residing in, FIRB permission etc.

    Terryw
    Discover Home Loans
    North Sydney
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.