Loan for Visa holders

Securing a home or investment property loan as a visa holder in Australia comes with specific considerations, but there are financing options available to help you achieve your property goals. Whether you’re a temporary resident, skilled worker, or business visa holder, understanding lender requirements and financial criteria is essential to making an informed decision.

Several factors influence eligibility for a home or investment loan, including:

• Deposit Requirements – Visa holders may need a higher deposit, typically 20% or more, though some lenders offer options with lower deposit requirements based on eligibility.
• Loan-to-Value Ratio (LVR) – The maximum amount a lender is willing to provide varies depending on visa type, employment stability, and income level. Some lenders may allow borrowing up to 80-90% of the property value.
• Visa Type Considerations – Certain visas—such as skilled worker visas (491, 482, 457)—may offer broader borrowing limits, while other temporary visas may have additional restrictions.
• Employment & Income Stability – A strong employment history, steady income, and ongoing work contracts can improve loan approval chances and access to better interest rates.
• Foreign Investment Regulations – If you’re a non-resident, you may need approval from government authorities before purchasing property in Australia.
• Property Type Restrictions – Visa holders can typically purchase new homes, off-the-plan properties, and vacant land, but limitations may apply to established dwellings.
• Buying with a Citizen or Permanent Resident – If purchasing with an Australian citizen or permanent resident, loan terms may be more flexible, and deposit requirements may be lower.

Navigating these requirements can be complex, but with expert guidance and strategic planning, visa holders can successfully secure financing for a home or investment property. Let us help you find the best loan options tailored to your visa status and financial goals.