Mortgage on a 457visa

Mortgage on a 457visa

Author
Discussion

custardtart

Original Poster:

1,731 posts

258 months

Thursday 18th October 2012
quotequote all
I've found a house I'd like to buy and although our perminent residency application has just been lodged we are effectively still on a 457.

Anyone had a mortgage approved on a 457?

Wanchaiwarrior

364 posts

219 months

Thursday 18th October 2012
quotequote all
Not me personally, but a mate of mine did about 4 or 5 years ago.
As far as I can remember, you need 20% deposit and some sort of form from the Foreign Investment Beureau,

Here you go, some info here:
http://www.homeloanexperts.com.au/non-resident-mortgages/457-visa-mortgage/

Times have changed then

Jamie