If you’re an overseas investor (or an expat) looking to buy an Australian investment property, proving your foreign income is crucial for your loan application approval. Your income is one of the major considerations for a lender when they assess your borrowing ability in Australia.
Topics: home loan
If you’re looking to buy an Australian investment property, you need to be aware of how lenders will assess your borrowing ability especially for non-residents, foreigners and offshore Australian citizens/ PRs.
If you’re an overseas investor (or expat) looking to buy an investment property in Australia, you need to avoid four crucial mistakes that could see a lender reject your loan application.
Australian property is an option well worth considering if you’re an overseas investor (or an expat).