New Migrant Loans
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New Migrant Loans
Individuals holding medium to long term Australian visas (e.g. visa classes 457 & 186) are eligible to apply for New Migrant Loans.
Key Aspects of New Migrant Loans:
Holding a medium to long term Australian visa (Lender's Acceptable Visa List)
At least 12 months remaining on applicable visa term
Must have Australian income (100% Australian income OR a combination of Australian & foreign income)
Foreign Investment Review Board (FIRB) approval required
Maximum LVR of 75%
Interest Rate starting from 3.35%
Acceptable Visa List (this list is subject to change)
Permanent 100, 103, 115, 116, 119, 124, 132, 134,
137, 138, 139, 143, 151, 155, 157, 175, 176, 184, 186,
187, 189, 190, 200, 201, 203, 204, 801, 814, 835,
836, 838, 857, 858, 866, 882, 885, 886, 887, 890,
891, 892, 893.
Temporary VISA Class 188, 309, 444, 475, 476, 485, 487, 489,
491, 820.
Tip: Visas on the Acceptable Visa List are not limited to Permanent Visas and also includes Temporary Visas.
Click Apply Now to find out more or Contact Us to check if your visa is eligible.