Foreign home loans such as American home loans for Australian property?
cirque2007 asked:
I am currently looking for a way to refinance my Australian property with a foreign loan. As the Australian interest rates continue to rise many other countries have rates around the 5% mark. Does anyone know a broker or lender who lends on the Australian property market.
I am an Australian citizen, living here and earning in Australian dollars
EMMETT
I am currently looking for a way to refinance my Australian property with a foreign loan. As the Australian interest rates continue to rise many other countries have rates around the 5% mark. Does anyone know a broker or lender who lends on the Australian property market.
I am an Australian citizen, living here and earning in Australian dollars
EMMETT
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One Response to “Foreign home loans such as American home loans for Australian property?”
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ISSAC
Yes - ST George bank lends in foreign currency - only problem is that you need to earn in foreign currency - you cannot borrow if you are an Australian living and earning in this country for property located here.
Hope that helps……..
****Then your chances of getting a foreign loan is NIL….**** sorry