Oak Laurel | Mortgage brokers
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Australian expat home loans to buy property in Australia
If you are providing payslips and the payslips are in a foreign language they may need to be translated into English. Your foreign income will generally be converted into Australian dollars and then reduced by set percentage, typically 80%, to account for fluctuations in currency exchange rates. Any rental income including from the property being purchased with the home loan can also be considered. Some lenders will reduce the rental income by a percentage (e.g. 80%) to account for vacancy rate and other costs associated with the property.
Some lenders will require you to have a power of attorney whilst other will not allow a power of attorney.
If you are overseas when organising your home loan may need to go to an Australian Consulate to provide or sign documents.
Other lending criteria still apply so you will need to demonstrate your ability to repay the loan, certain property types or locations will not be acceptable to some lenders and you may be required to show genuine savings when borrowing a high percentage (>80%) of the property value.
Oak Laurel have access to a wide range of lenders and wide range of loans. This means that you have more choice and more likely to find a loan that is right for you.
Oak Laurel have have specialist in different areas of finance so you know that you are getting expert advice from a specialist in the type of loans that you are after.
Oak Laurel mortgage brokers get the difficult loans approved. If you have been told by a bank or other mortgage broker that it can’t be done try us.
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Oak Laurel will provide you with exceptional service. An Oak Laurel mortgage broker will provide ongoing service so that you get a great deal on your finance now and into the future!
Oak Laurel will get you a great result! Be confident that you are in good hands.
We will provide expert advice so you can be sure that you are getting the right loan.
Range of lenders
Oak Laurel have access to a wide range of loans from the major banks and other lenders, even some lenders that you may not even know about.
Our Panel of Lenders
Our mortgage brokers have access to a large panel of lenders, this means that we can offer you a wide selection of home loans.
Please note: some of our mortgage brokers may not offer products from all of the listed lenders.