Australian Expat loans
Australians living overseas have some unique requirements when it comes to securing a mortgage back home. All too often banks look at overseas borrowers extremely unfavorably, if they are able to consider them at all.
Shopping around with 10 different lenders trying to figure out who will actually do business with you is quite frankly exhausting, that's where we can help.
Our specialist mortgage brokers understand exactly how to get you a fair deal from the banks, so you're not financially hamstrung simply by virtue of living overseas.
Whether you're looking to make a purchase, restructure or are just looking for a fair rate, we can help you find the right lender for your situation.
Book your free consultation today
Countries we specialize with
How we can help
Maximizing borrowing power
Maximizing borrowing power
Maximizing borrowing power
Lenders perceive foreign income sources as higher risk, so they often only consider 40-80% of your actual income.
We match you with a lender that considers your specific income type favorably, allowing you to borrow a fair amount.
Deposit minimisation
Maximizing borrowing power
Maximizing borrowing power
For an Aussie back home the typical deposit required by the banks is 20%. However expats are sometimes required to make, 30%, 40%, or even 50% contributions to their purchases!
We help you navigate this to ensure you don't have to contribute an unreasonable amount to your transaction.
Interest rate negotiations
Maximizing borrowing power
Interest rate negotiations
Negotiating with the banks can be hard enough at the best of times, let alone when you're half a world away!
We handle this process for you, to ensure you get a fair deal despite being an expat.
genuine advise
We take the headache out of getting finance
Interest rate negotiations
Cams home loans was founded with the idea of making finance accessible. Our primary goal is to provide genuine solutions that work for our clients.
We listen to your goals and structure the best possible solution to help you achieve it. No overselling, no non-sense.
Ongoing support
We take the headache out of getting finance
We take the headache out of getting finance
We're not "one and done brokers"
With us you receive ongoing support with your loan until the day you close the account.
We annually jump in an renegotiate your interest rate with the banks to ensure you're getting a fair deal. Further to that should you need to make any changes to your loan, we will be there to support every step of the way.
We take the headache out of getting finance
We take the headache out of getting finance
We take the headache out of getting finance
Being specialists in the foreign lending & expat space we understand exactly what is required.
We will send you a questionnaire, request a few documents. After that you're all set. 80% of our clients contribute no more than 90 minutes of effort to their applications!
Unlock your borrowing power today!
Our process
Inital consultation
We will meet you over zoom to discuss your goals and how we can help
Discovery
After our meeting we will send you a questionnaire and request some documents.
Research & negotiation
Once we have the documents we will find the lender which best matches your unique situation. We will then negotiate an interest rate.
Proposal
Once we have all the particulars established with the lender we will then draft a proposal to you. This will contain all the key information like rates, fees charges, repayments etc..
Application
Once you sign off on the proposal we then submit the application to the bank and get your approval.
Approval & settlement
Once the loan is approved the settlement process will begin. After that its merely a matter of signing the offer contract & waiting for the settlement day
Book your free consultation today
Frequently Asked Questions
Please reach us at admin@camsloans.com.au if you cannot find an answer to your question.
Not necessarily. Like all things it depends on your situation. Some clients, typically those who are full time employed earning a wage can often be placed the big 4 or smaller banks. This means they usually qualify for the same interest rate as people in Australia.
For clients with more complex financial situations we do offer non-bank options who can look very favorably on foreign income sources, for a slightly higher rate.
Yes. The way banks look at expat clients varies from lender to lender. While there are always hurdles to jump through, some certainly look at expats more favorably than others.
In short, there are very minimal restrictions on the type of loans an expat can take out. Whether it be an owner occupier or investment loan.
Further to that there are few restrictions on the type of property so its possible to purchase an apartment, house, holiday home, beach house etc..
Most lenders look less favorably on construction loans, and loans with a cash out component. So while still possible, these last items can be restricted.
It is not a firm requirement, however it is recommended.
During the process you may be required to attend your nearest Australian Consulate to sign the mortgage documents after your loan is approved.
Someone with a power of attorney can do this on your behalf, saving you the trouble.
This is only applicable to some states like WA and QLD, as some states now allow for mortgage documents to be signed digitally
Contact Us
Hours
Open today | 09:00 am – 05:00 pm |
Cams Home Loans - Port Macquarie mortgage broker
14-16 Buller street, Port Macquarie NSW, 2444
Copyright © 2024 Cams Home Loans PTY LTD - All Rights Reserved.
Credit Representative 564293 is authorised under Australian Credit Licence 389328
This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
Cams Home Loans PTY LTD
ABN: 67 679 423 682