Securing a home loan as a temporary resident in Australia can be challenging, but it's not an insurmountable task. At Ming Finance, we understand the unique hurdles you face, from needing approval from the Foreign Investment Review Board (FIRB) to being restricted in borrowing capacity, often up to only 80% of a property's value.
Yet, we're here to help you navigate these complexities. We acknowledge factors like stable income, a history of savings, or a joint application with an Australian citizen or permanent resident, could ease the loan approval process. We're familiar with the individual criteria of Australian lenders, ensuring we can guide you towards those most likely to consider your application.
Reach out to Ming Finance before applying for a loan. Our specialist knowledge can help illuminate the path to securing a home loan that aligns with your financial needs as a temporary resident. We're more than your brokers, we're your financial allies.
Let me know what we can help or any questions.