beatts

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.

MartinH

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

woody1cruiser

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

beatts

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

woody1cruiser

At the time of applying we were on a 457.

Debs

allankate

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

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

hitchcock71

debs
can you pm me who you used please


many thanks

woody1cruiser

all done.

Debs

hitchcock71

many thanks guys

furkew

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.