Non-bank lender offers discounts for Aussie expats

By |

Non-bank lender Better Choice Home Loans has announced a three-month home loan deal for Australian expatriate borrowers.

Better Choice’s offer brings interest rate reductions of up to 0.7% to selected products.

The expat home-loan sector has been overlooked in the past, according to Better Choice director Allan Savins.

“With the looming shadow of Brexit in the UK and the volatile political climate in the US, we are also seeing many (Australians abroad) considering a move back to Australia and looking to take a strategic position now to acquire property in Australia in readiness for their return home,” he said.

For Aussie expat borrowers under a 70% loan-to-value ratio (LVR), the non-bank lender offers a 0.35% cut on its P&I investment loan package, which now has a 3.79% interest rate.

There is a 0.7% cut on its interest-only investment loan, which now offers an interest rate of 3.99%, while the owner-occupied package has been reduced by 0.2% to 3.59%.

Applicants borrowing under 80% LVR will enjoy a 0.35% reduction on Better Choice’s P&I investment loan package, which now has an interest rate of 3.94%.

The interest-only investment loan has been reduced by 0.7% to 4.09%, while the owner-occupied package 0.2% to 3.79%.

The non-bank lender’s partnership with BNK Banking Corporation funded its Gold Expat loan products, following its investor loan special announced earlier in August.

Top Suburbs : wentworthville , woolloongabba , kawana , sth toowoomba , harris park

SHARE

Get help with your investment property



Do you need help finding the right loan for your investment?


When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus an appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here