• Enric Tarraso-Letang

Temporary Resident Home Loans and Personal Loans

Updated: May 10, 2019

Did you know that you can buy your own house as a visa holder? With today interest rates you would be surprise knowing that you can be the owner or your own house for the cost of a rental.

The Australian government doesn’t restrict particular visa types from borrowing money but some banks may do.

If you hold one of the following visas you might be eligible for a mortgage:

Temporary Business (Long Stay) – Standard Business Sponsorship (Subclass 457, loans available to 95% of the property value as special exception to normal bank criteria).

Student Visa (Subclass 572, 573, 574, 575 & 576).

Working Holiday Visa (Subclass 417).

Business Owner (Provisional) Visa (Subclass 160).

State or Territory Sponsored Business Owner (Provisional) Visa (Subclass 163).

Senior Executive (Provisional) Visa (Subclass 161).

State or Territory Sponsored Senior