Home Loans for Expats
Buy Property in Australia While Living or Working Overseas
Australian expats face unique challenges when buying property — from foreign income assessment and currency conversion to residency verification and lender policy limits. At My Finance Consultants, we specialise in structuring home loans for Australians living and working overseas, helping you purchase, refinance, or invest in Australian property with confidence.
We compare over 40 banks and non-bank lenders to find flexible policies, sharp rates, and streamlined digital application processes that work around your time zone. Whether you’re earning in USD, GBP, AED, or SGD — we know which lenders treat your income fairly and help you achieve your property goals.
Key benefits include:
Access to 40+ banks and specialist expat lenders
Expertise in foreign income and currency treatment
LMI waivers up to 90% LVR for eligible professionals
Digital process across time zones (video, email, e-sign)
Clear refinance strategy if you plan to return to Australia
Who We Help
We assist:
Australians living and working abroad
Expats purchasing homes or investment properties in Australia
Returning Australians buying before they move back
Investors growing their property portfolios from overseas
Whether you’re a first-time investor, long-term expat, or professional relocating temporarily, we’ll build a strategy that suits your goals and residency status.
How Expat Home Loans Work
Income and Currency Assessment
Lenders convert your foreign income into Australian dollars and may apply “shading” (reductions) to account for exchange-rate fluctuations. We identify lenders with the most favourable currency treatment and flexible approaches to contract, allowance, and bonus income.
Deposit and Loan-to-Value Ratio (LVR)
Expat borrowing capacity typically ranges from 70% to 90% LVR, depending on your country of residence, income type, and currency. Some lenders even waive Lenders Mortgage Insurance (LMI) for eligible professionals up to 90% LVR.
Ownership and Loan Structure
We’ll help you structure your loan correctly — whether buying in your personal name, jointly, or through a company or trust (in coordination with your accountant). You’ll also get guidance on features like offset accounts, redraw, and split-rate options.
What You’ll Need
Typical documents include:
Passport and Australian identification
Proof of income (recent payslips or signed employment contract)
Overseas bank statements showing salary deposits
Latest tax return or local equivalent
Visa or residency evidence (if applicable)
Assets and liabilities summary
We’ll simplify your document checklist based on your lender and country of residence.
Our Process
Strategy & Numbers
We clarify your goals and borrowing power using tools like our Borrowing Power Calculator and Mortgage Repayment Calculator.
Lender Shortlist
We compare over 40 lenders for policy fit, foreign income acceptance, LMI treatment, and competitive pricing.
Application & Verification
Your application is packaged professionally to present your income and financial profile in the best possible light.
Approval, Settlement & Ongoing Support
We manage valuation, approval, and settlement remotely — then provide ongoing annual reviews to ensure your rate remains competitive.
Popular Expat Scenarios
Buy Before Returning
Purchase now and move into your home when you return to Australia — locking in today’s prices and avoiding market increases.
Invest From Overseas
Use savings or released equity to purchase investment properties in Australia, helping you build long-term wealth while abroad.
Family Home Purchases
Secure a home for your family to live in while you work overseas, keeping your loved ones settled and financially secure.
Fees, Rates & Features to Consider
True comparison rates (not just headline rates)
Offset account benefits for cash held in AUD
International transfer costs and FX rates
Fixed, variable, or split rate strategies
Refinance planning for future relocation
We’ll model your costs and structure the loan for flexibility and savings.
Frequently Asked Questions
Can I get a loan using overseas income?
Yes — we work with lenders who accept a wide range of foreign currencies and income sources.
Do I need to be in Australia to sign documents?
No — remote verification and digital signing are accepted by most lenders.
Are interest rates higher for expats?
Not always. Some lenders offer the same rates as local borrowers, depending on your income and risk profile.
Can I borrow up to 90% LVR?
Yes — depending on your profession, country of residence, and lender policy.
What if I plan to return to Australia?
We’ll design a loan that’s flexible to refinance or restructure once you’re back home.