Loan eligibility Australia

Loan Eligibility

Have you been knocked back by a bank lately? 

More and more Aussie expats are facing challenges obtaining finance in 2019. But, if you’re earning a Singapore salary income, we know exactly what’s required by our lenders to get your financing approved!

Read our loan eligibility tips for 2019 in our FAQ section

Lets look at the mandatory requirements for assessment.

Salaried Employees:

Last 3 months payslips
(Include any bonus payments received)

Bank statements for 3 months
(showing the corresponding salary credit)

Copy of original employment contract
(signed by both employer & employee)

Copy of passport
(** Including any stamped travel pages)

Copy of employment pass
(Front & back copies)

Copy of contract of sale
(if purchasing)

6 months loan statements
(if refinancing existing loans)

* We will send you a link to safety upload all eligibility documents

Aussie & NZ Citizens:

Australian & NZ citizens living outside of Aus can still easily obtain financing-but there’s a few things you need to be aware of:

  • 2018 banking policies have significantly changed for Aussie expats but the good news is several Aussie banks are still lending

  • Banks have varying assessment policies for Australian & NZ Citizens

  • Singapore based Australian banks are no longer lending

  • In short, loans that can be easily approved at one bank may not meet servicing criteria at another

Aussie PR:

Aus PR’s living outside of Aus have differing requirements to citizens:

  • Banks will need to see evidence of your Australian PR  visa is indefinite with no restrictions

  • Banks have varying assessment policies for Australian PR’s with minimum qualifying income levels required

*Kindly note the eligibility list are mandatory requirements for our lending partners.
*Acceptable incomes include: 
  • Singapore Dollars (SGD)
  • Euro (EUR)
  • Hong Kong Dollars (HKD)
  • British Pounds (GBP)
  • United States of America Dollars (USD)
  • Emirati Dirham (AED)
  • Malaysian Ringgit (MYR)
**Lenders will require a copy of the passport photo page + any stamped travel pages. This is a compliance requirement.
***No information is shared with any lender until all info is provided & the lender privacy acknowledgement has been signed by all intended borrowers. Your information remains confidential at all times.

Working with a foreign income mortgage expert ensures your path to approval is simplified. Talk to us today.

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Our panel of lenders

  • Adelaide-Bank
  • Amp
  • Anz
  • Bank-Of-Melbourne
  • Bankwest
  • CIMB
  • Citibank
  • Homeside
  • Commonwealth Bank
  • DBS Bank
  • Firstmac
  • Heritage Bank
  • Homeloans
  • ING Direct
  • LA Trobe
  • Liberty
  • NAB
  • Macquarie Bank
  • Me Bank
  • OCBC
  • Pepper Financial Services Group
  • St. George Bank
  • Suncorp Bank
  • UOB
  • Westpac