Who is this page for?

This page is for New Zealand Citizens either living and working in Australia or living and working in New Zealand who would like to purchase a property in Australia and arrange a home loan / mortgage for this purchase.

Australian Home Loans for New Zealand Citizens

Every year tens of thousands of New Zealanders make the trip across the Tasman for a holiday or to settle here in Australia permanently. For those that move here permanently, home loans are available for you straight away providing you have a minimum 5% deposit and good employment. Government Benefits such as the first home owners grant and stamp duty concessions may also be available to you.

For those NZ citizens that are looking to purchase investment property in Australia but remain living and working in NZ, home loans are available for you as well despite the fact you are going to remain working in NZ. For NZ citizens living and working in NZ buying Australian property, 95% LVR is available requiring only a 5% deposit plus costs. 

The reason for this is that New Zealanders are treated like Australian citizens by the Australian government when it comes to the government benefits like FHOG and stamp duty concessions. Some Banks will also take this same position and will treat NZ citizens as Australian residents even though  living in NZ.

Every year MAP assists many New Zealanders with their Australian home loan financing requirements. We are a free service to you so jump on the phone, skype or email us now to see how we can help you.

How much can I borrow?

Up to 90% LVR and for some applications 95% of the purchase price. This means that NZ citizens living and working in NZ can purchase property in Australia with only a 5-10% deposit plus costs.

What documents will I require to prove my income?

NZ citizens living and working in NZ seeking home loan finance in Australia will require the following documents,

• Identification,
• 2 most recent payslips,
• 3 months bank statements for the bank account where employment income is deposited,
• Statements on credit cards, personal loans and savings.

What Home Loan products and interest rates are available?

The full range of home loan products at standard interest rates are still available to you including fixed rate home loans, variable (floating) and honeymoon rate home loans, and home loans with all the features including redraw and offset account.