Will Your Visa Stop You From Getting A Mortgage?

- Previously acceptable visa types are being shown the door by a number of Australian lenders
- It's still possible to borrow at higher loan amounts with certain visa types and if you can present a strong case to the right lender
21 February 2017, Sydney, Australia - Temporary residents living in Australia are feeling the sting of strict mortgage lending policies for foreigners.
Initially, banks had only pulled back on lending to foreign citizens living overseas wanting to invest Down Under.
In the past year though, a number of banks have been requiring temp residents to come up with larger deposits, even those on long-stay 457 visas.
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