Any mortgage brokers here?
- Thread starter rodimus
- Start date
Plenty of brokers on the forums that can take care of this.
Where is your friend based?
Cheers,
Redom
Lending from overseas is fairly straight forward. There are some restrictions which can depend on the country your friend is in and what currency they're paid in.
It can sometimes be tricky to demonstrate income, but usually a combination of payslips and bank statements showing salary receipts will do it. The other thing to consider is having enough time to actually get things done. Documents will likely need to be sent overseas and back, which can take extra time.
It can sometimes be tricky to demonstrate income, but usually a combination of payslips and bank statements showing salary receipts will do it. The other thing to consider is having enough time to actually get things done. Documents will likely need to be sent overseas and back, which can take extra time.
Jamie is your "anywhere" man and is a bit of a expat specialist
Ta
Rol
Ta
Rol
CBA have got the best policy when it comes to non-resident lending, Westpac, St George and NAB and somewhere in the middle and Macquarie are the worst.
This is based on LVR (some will do 95% whereas others will only do 80%) and also the documentation that the banks request.
This is based on LVR (some will do 95% whereas others will only do 80%) and also the documentation that the banks request.
Jamie which country are you visiting today?
haha - I'm not venturing out of north Canberra for a while. No more o/s trips for me anytime soon :-(
Cheers
Jamie
Off to Europe in 3 weeks for my annual Xmas visit and meeting up with a forum client in Qatar on the way over.
Promise we don't provide this level of service for every Expat client but the times match up so all good.
Have to also say Anz are right up there with their NR loans.
Put one in Monday morning and was approved Monday afternoon at 90% +LMI.
Cheers
Promise we don't provide this level of service for every Expat client but the times match up so all good.
Have to also say Anz are right up there with their NR loans.
Put one in Monday morning and was approved Monday afternoon at 90% +LMI.
Cheers
as long as they have really good serviceability and not a big portfolio elsewhere.
STG would have approved on the same day too................. 2 weeks later
ta
rolf
