Expat Loans

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Expat Loans accept permanent residents, citizens and temporary resident visa holders.

Key Aspects of Expat Loans:

Maximum LVR of 80% for income derived from major English speaking countries
Maximum LVR of 75% for income derived from other countries
Interest rate from 2.19%p.a for income derived from major English speaking countries
Interest rate from 3.05%p.a for income derived from the other countries
PAYG and Self-Employed income accepted
Wide range of countries income (Brunei, Canada, China, France, Germany, Hong Kong, India, Indonesia, Japan, Macau, Malaysia, New Zealand, Saudi Arabia, Singapore, South Africa, South Korea, Switzerland, Taiwan, United Kingdom (England, Scotland, Wales, Northern Ireland), United Arab Emirates, United States of America, Vietnam.

We also provide translation services for certain foreign documents to assist speed up the application process.

Click Apply Now to find out more.

FAQs

How much can I borrow for a home loan?

The amount of loan that you are able to borrow depends on your personal circumstance and the lending policies that vary between different lenders.

Banks/lenders have their own target market. A finance broker expert can assist you in deciding which bank/lender products best suits you.

How much deposit do I need to purchase an owner occupied property?

Most lenders would prefer 20% deposit to complete the purchase.

However, if you could satisfy the lender's mortgage insurance (LMI), then you may be able to borrow as much as 98% LVR including LMI.

I am a doctor, would I be eligible for paying less Lender's Mortgage Insurance (LMI)?

Major banks would generally waive the LMI for loans up to 95% LVR for medical practitioners.

Can LMI be waived for lawyers, accountants or nurses?

At SC Brokers, we have banks/lenders that can waive the LMI for the above professionals for loans up to 90% LVR.

I bought a property off-the-plan. My bank told me the valuation came in lower. What can I do?

Banks in general would not allow for a second valuation to be done on the property.

SC Brokers have extensive knowledge and experience in providing finance for off-the-plan properties, whether it is an apartment, townhouse or house & land package. We ensure sufficient work is carried out at an early stage for the valuer to know better about the project to provide a better result.

Why should I choose SC Brokers to help me find the right lender?

At SC Brokers, we have one of the largest lender panel for you to choose from.

Our multi award-winning team will ensure that your receive the best service possible.

My builder went bankrupt, what should I do with my loan?

In Australia, most of the building contract has insurance attached to it. For example, in QLD, the QBCC will cover up to $200k for the loss.
If, in the unlikely event the builder has gone into trouble, please contact your finance broker asap to extend the construction period for the loan and send us the new building contract for valuation. Your loan, in general, will not require a re-assessment to confirm the borrowing capacity.