This loan is available to Australian citizens or permanent residents working overseas or citizens of foreign countries temporarily living and working in Australia under a visa arrangement. Citizens of foreign countries must have FIRB approval (Foreign Investment Review Board Approval).
A traditional home loan with competitive interest rates to suit Investors and owner occupiers Standard variable loans are Australia’s most popular type of home loan. The interest rate varies throughout the loan term. These loans generally offer excellent flexibility, low fees and often offer great features such as an offset facility, redraw facility, no limits on additional repayments and in most cases, no early pay-out penalties.
Advantages:
Applicant type |
Individuals / Companies |
Employment requirements |
P.A.Y.G. must be full-time or contracted. |
Income: required proofs |
P.A.Y.G. Pay slips, group certificates or employer letter. Self-employed, two years tax returns. |
Loan amounts maximum |
$1,500,000 > 80% LVR for Full Doc |
Purpose |
Investment |
LVR |
up to 80% |
Coded, non-coded, or either |
Coded |
Credit related issues |
CLEAR. |
Variable, fixed or both |
Variable only |
P&I, I/O, or both |
Both |
Residency Status |
Citizens and permanent residents or foreign citizens with FIRB approval |
Fill out our online application now to find out how we can help you with your non resident loan
