Non-Resident Loans – Property Finance for Australian Temporary Visa Holders

⚡Learn about non-resident loan options available across Australia including eligibility, taxation considerations and lender policies for foreign income or overseas residencies when buying Australian property.

Suitable For

✓ Individuals on temporary visas (e.g., 482, 485, 491, 500, 820/801 pathways)
✓ Non-residents planning to live or invest in Australia
✓ Visa holders purchasing with an Australian citizen or permanent resident
✓ Borrowers needing clarity on FIRB requirements and LVR restrictions

Loan Purpose

✓ Purchase owner-occupied or investment property while on a temporary visa
✓ Support joint purchases between visa holders and Australian partners
✓ Navigate FIRB approval requirements where necessary
✓ Access lender options tailored for foreign income or mixed residency

Loan Structure

✓ Variable, fixed, and split lending options available
✓ LVR limits vary by visa type—some capped at 80% without exceptions
✓ Income verification may require additional documentation (e.g., foreign payslips, contracts, tax returns)
✓ Joint applications with a citizen or PR may increase maximum LVR
✓ FIRB approval required for certain non-resident purchases

Success Story

Skilled Worker Securing First Australian Home

A 482 visa holder in Brisbane secured an 80% LVR loan using Australian employment income. Clear documentation and lender selection avoided FIRB delays and enabled a smooth purchase.

Student Visa Holder Buying with a Partner

A 500 visa student purchased a unit jointly with their PR partner. The partner’s status increased LVR options and removed the need for FIRB approval, reducing upfront costs.

Investor on Temporary Visa Expanding Portfolio

An expat on a 491 visa purchased an investment townhouse with foreign income verified under a specialised lender policy. Rental income strengthened the assessment, supporting long-term investment goals.

Advantages

LVR ACCESS

Maximise borrowing potential with lenders offering flexible LVR options based on visa class.

JOINT BOOST

Increase borrowing capacity when buying with an Australian citizen or permanent resident.

DIVERSE INCOME

Support for applicants earning Australian or foreign income across multiple currencies.

VISA FLEXIBILITY

Lenders available for a wide range of temporary visa subclasses, helping broaden loan eligibility.

FAQ

Contact QLoans.au for the latest policies, rates, and industry updates.

What visas are eligible for home loans?

Many temporary visas are accepted, including 482, 491, 500, 485, and partner pathways. Eligibility varies by lender.

Do I need FIRB approval?

Non-residents often require FIRB approval, but joint purchases with a citizen or PR may be exempt.

What deposit do I need?

Most temporary visa holders require at least 20% deposit due to LVR limits. Some exceptions apply based on visa type and lender.

Can I use foreign income for the loan?

Yes, but lenders apply shading—commonly 60–80% of foreign income is used in assessments.

Are rates higher for visa holders?

Some lenders charge standard rates, while others may apply risk-based pricing depending on income, residency, and visa class.

What makes QLoans.au different from going directly to a bank?

A conversation with QLoans.au can uncover loan solutions that one lender alone might not offer. Our expert brokers compare competitive options across banks, non-banks, and specialist lenders, keeping you informed on current policies. From pre-assessment to post-settlement, we provide guidance to streamline the entire process and maximise your options.

Pre-qualify for a loan

Check your estimated loan range and compare three rates tailored to your borrowing position.

If a loan isn’t suitable right now, we’ll help you get ready for when it is.

✓ Connect with a broker, not an AI assistant

Call Natalee at QLoans.au