Hi,
I am English, my wife is a New Zealander, can we get a mortgage in Australia with a 10% deposit for a proprty?
Thanks
Are you living in Australia at the moment and are you employed?
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
yes, living in australia – “emigrated” 2 years ago. I am on a 5 year temp res. visa, but my wife and I are nearing the end of perm. res. application, it just wont be in time for the mortgage. My wife is a perm. resident as far as first home is concerned, but b4 we can get that we obviously need a mortgage.
We are both in full time employment.
You should be able to get a mortgage at 90%.
If you want a maximum borrowing cap, please let me know.
I need income details to do one.
Kerri
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
Also you might want to obtain a loan pre-approval before you go house hunting, just to make sure you qualify.
Before you sign any Purchase Contact for Real Estate, you might also want to put a “Subject to Finance Clause” on it to safeguard yourselves.
Kerri
Financial Wellbeing Coach
W: http://www.pfsfinance.com.au
E:[email protected]
E:[email protected]Development Finance Specialist
You must be logged in to reply to this topic. If you don't have an account, you can register here.
