All Topics / Help Needed! / home loans for migrants on temp parent visa

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  • Profile photo of Jean LeighJean Leigh
    Member
    @jean-leigh
    Join Date: 2010
    Post Count: 1
    February 16, 2010 - 8:14 am

    We are here on a temp parent visa..been here 4 months..husband is self employed…we will take up PR asap..cant get a home loan..any ideas ??

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    February 16, 2010 - 8:18 am

    Hi Jean

    Yes but with only 4 months self employment max lvr would be 60%.

    Richard Taylor | Australia's leading private lender

    Profile photo of Paul DobsonPaul Dobson
    Participant
    @pauldobson
    Join Date: 2003
    Post Count: 1,196
    February 17, 2010 - 2:24 am

    Hi Jean

    If an LVR of 60% won't work for you, you might consider buying a place with vendor finance.  It does tend to limit your choice of available properties but then something suitable may be available.  May I suggest you have a look through the list of available properties at:  http://www.renttoownhome.com.au 

    I don't own the site but I do advertise there.

    Cheers,  Paul

    Paul Dobson | Vendor Finance Institute
    http://www.vendorfinanceinstitute.com.au
    Email Me | Phone Me

    An alternative way to finance your home.

Viewing 3 posts - 1 through 3 (of 3 total)

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