If you’re earning a Singapore or foreign salary income*, we know exactly what’s needed to get your Australian Home Loan approval.
Lets look at the mandatory requirements:
Salaried Employees: (Aus Citizens, Aus PR’S & NZ Citizens)
Last 3 months payslips
Bank statements for 3 months showing the corresponding salary credit (** Banks will no longer accept internet print outs without full name & address of applicant)
Copy of original employment contract (signed by both employer & employee)
Copy of passport (** Including stamped travel pages)
Copy of NRIC or Employment Pass (Front & back copies)
Copy of contract of sale (if purchasing)
6 months loan statements (if refinancing an existing loan)
* All documents provided must be in clear legible PDF format
*Kindly note the eligibility list are mandatory requirements for our lending partners.
*Acceptable incomes include:
Singapore Dollars (SGD)
Hong Kong Dollars (HKD)
British Pounds (GBP)
United States of America Dollars (USD)
Emirati Dirham (AED)
**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.
For Self-Employed (Aus Citizens only):
Please call us to check your eligibility
Australian citizens living outside of Aus can still easily obtain an Australian home loan-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 Aussie banks are still lending
Banks have varying assessment policies for Australian Citizens
In short, as a Singapore-based Australia property owner, loans that can be easily approved at one lender may not meet servicing criteria at another
Aussie PR & NZ Citizens:
Aus PR & NZ Citizens living outside of Aus have similar requirements as citizen’s although:
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 & NZ citizens
In short, as a Singapore-based Australia property owner, you’re likely an exception case to both Australian bank
David & Partners is an Australian owned & Singapore based mortgage broking company that specialises in providing Australian home loan solutions. Our clients are typically Australian expatriates living & working in Singapore or the region.
We act "wholly and solely" in Australian home lending and work with Australia and Singapore’s leading banks and financial institutions to find a highly competitive mortgage solution for our customers.
We research the products of over 25 plus lenders which will most likely include your own bank. Our research process takes into account competitiveness, the credit policy of each provider and the likelihood of the transaction being approved in the time frame you require.
David & Partners was born to help Aussie expats living & working in Singapore, access expert Australian mortgage knowledge. We aim to deliver premium Australia home loan solutions that's easily understood by our customers.