Australian Dollar Mortgages

Investor's located overseas and being paid in foreign currency and considering purchasing Australian residential investment property using finance can consider taking out an Australian currency loan or a foreign currency loan.

Foreign currency home loans are available to Australian expatriates and foreign investors residing in the UK and Europe who are interested in investing in residential property using an Australian Dollar Mortgage.

Benefits of a foreign currency mortgage are that borrowers can match their loan repayments to the currency in which they are earning.

Additionally investors approved for a foreign currency mortgage can borrow up to 100% of the value of a new property with additional security available, redraw back up to the original loan amount can often be made available, borrowers may switch between currencies and substitution of security is also available where Australian security property is used.

Foreign Currency mortgages are available as principal and interest type repayments over 1 - 30 years or interest based over 1 -15 years. Interest based loans will be up for renogation at the end of the period.