Expat Home Loans2023-11-17T10:04:10+11:00

Expat Home Loans

If you are an Australian citizen living and working overseas it is still possible to get a mortgage. You can buy an investment property in Australia with an expat home loan.  An expat is deemed to be any person that holds an Australian Citizenship and resides and is employed overseas.

Expats may face some unique challenges when applying for a home loan including difficulty in proving income. As a result, some banks and lenders offer specialized expat home loan products.

Expats can use an expat home loan to purchase an investment property. The loan terms and conditions may vary depending on the lender, but generally, they will require a larger down payment. What’s more they may have higher interest rates compared to traditional home loans.

It’s essential to research and compare different lenders and loan products to find the best expat home loan. Additionally, you should consult with a financial advisor and legal counsel. It is important to understand the tax and legal implications of owning property in your home country while living abroad.

  • Suitable for Purchase, refinance of an Investment Property
  • Construction available (conditions apply)
  • Prime options for clear credit history applicants with bad credit options available (at higher rates and fees).
  • Direct credit of rental income to the loan/offset account to avoid monthly fee

Maximum Loan Amount for an Expat Home Loan

Loan size limits and LVR parameters are listed below for cat 1 > 3 Locations only.

  • LVR’s to 80% maximum loan $2,000,000

Acceptable Securities for an Expat Home Loan

  • Residential & Rural Residential securities in Cat 1 >3 Locations – with a max land size of 25 acres (10 hectares)
  • High Density Apartments from 50 m2 to a maximun of 70% LVR
  • Residential units (with separate title) over commercial premises

Acceptable Foreign Income for Expats

All Expat borrowers are limited to the following “Acceptable Countries” list:

Tier 1 Countries: 90% Shading – Australia, Bangladesh, Canada, China, Denmark, France, Germany, Greenland, Hong Kong, India, Indonesia, Japan, Kuwait, Macau, Malaysia, Mexico, Mongolia, New Zealand, Norway, Oman, Philippines, Qatar, Russia, Saudi Arabia, Singapore, South Korea, Sri Lanka, Switzerland, Thailand, Vietnam, European Union, United Arab Emirates, United Kingdom and United States of America.

Tier 2 Countries: Shading on request – Brunei, Fiji, New Caledonia, Papua New Guinea, South Africa.

Income Documentation

2 recent computer generated payslips not more than 1 month old and letter from employer to be typed on employers letterhead, dated and signed by an appropriate representative (Payroll Officer/Manager, Human Resource Manager or Owner of the business) 90% of foreign income is considered for servicing

Identification outside of Australia

Full colour, high resolution copy of Passport (including all information pages), Drivers licence, Visa. Certified as a true copy by the Australian Consular Office or a local Notary Public in respective countries


A written and signed translation from a member of a recognised independent body. (e.g. NAATI – National Accreditation Authority for Translators & Interpreters)

Seek Expert Advice when Considering an Expat Home Loan

Securing an Expat Home Loan requires the expertise of a specialist team. Our consultants at Non Conforming Loans are able to package your loan application and present it to the most appropriate funder.
Expat Home Loan
Call a Specialist in Expat Home Loans

1300 791 329

We specialise in Expat Home Loans. Please complete our contact Form or Phone Direct and you can discuss your situation with an expert.

If you wish to proceed, then we will help you to complete all the necessary paperwork and liaise with the lender on your behalf. This will include the completion and submission of your home loan application and the on-going communication between all parties until your home purchase is settled.

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