Mortgage on temp visa ?
 

Could anyone tell me if they got a mortgage while being on a temp visa? I know you have to apply to the FIB first but i would like to know if there are any company's that will give you the mortgage if you get the permision.

Re: Mortgage on temp visa ?
 

Most will offer a mortgage but you probably needa 20% deposit

Re: Mortgage on temp visa ?
 

We had no worries getting a mortgage after 3 months of being here. We decided to build our own house. We paid for the block cash and got the mortgage for the build.

We used a finacial advisor who was absolutely brilliant all the way through.

Debs

Re: Mortgage on temp visa ?
 

Thank's for the feedback but could you tell me which visa you were on

Re: Mortgage on temp visa ?
 

At the time of applying we were on a 457.

Debs

Re: Mortgage on temp visa ?
 

We got a mortgage and we didn't have any visa!:blink:

Got a one approved in Dec 06 to buy land after a reccie, and since added further mge for the house build. Visa was only granted in Jan this year.

We did have to put down the 20% deposit and jump lots of hoops however.

Allan

Re: Mortgage on temp visa ?
 

debs
can you pm me who you used please


many thanks

Re: Mortgage on temp visa ?
 

all done.

Debs

Re: Mortgage on temp visa ?
 

many thanks guys
:thumbsup:

Re: Mortgage on temp visa ?
 

Big disadvantage with buying on a 457 is that you cannot claim the first time buyers rebate back.

As said above FIRB & 20% down is enough.