Cindyloo

Visa 136


How long to you have to live in OZ before you can take out a morgage ?? Thanks


Cindyloo

maisey

Dont quote me but I think it maybe six months so that they can see what you are earning and that you are in steady employment. Could be wrong though.

Ian & Sharon

Don't know about that type of visa but we took one out straight away, got 2 dogs and we had no chance of renting!

The lady I went with for a home loan was spot on!

Ian

Olias

I think for most lenders, I have been told 3 payslips (ie 3 months proof of earnings) should be enough.

Cindyloo

Thank you, its just I'd read somewhere... that you have to be living in OZ for 6 months before being allowed to apply for a mortgage,as i cant find paper thought i would check.

Cindyloo

shorrock

It depends on the lender requirements. I suggest you look for a morgage broker and work with them. There will have access to more products then you are.

When looking for a broker try and go off recommendations. Brokers sometimes have a bad name (some deserve it).

KS

jensteve

Hi Guys
We where only here around 4 months when we decided to buy, the mortgage was a breeze as the real estate company used a very clued up guy from commonwealth. I reckon it all depends on who you find in the industry and who their contacts are. The same mortgage guys just done our land loan and hey presto its a done deal he is wonderful!

Shop around and then try and find a recomendation from somebody in your area, I am using the same real estate man again to sell my house (he sold it to me) and the same mortgage guy because both give excellent service.

Jenny

Ian & Sharon

Have a go here

http://britishexpats.com/forum/showthread.php?t=427054

Cindyloo

Thank you all for taking the time to reply.Great information...will get printing.

Cindyloo

Vegemite Kids

ummmm....

3 payslips could mean 6 weeks, as a lot of people get paid fortnightly ... or maybe thats just WA