There are a number of factors you need to weight up when planning on buying a home in Australia. Getting a mortgage in Australia isn’t easy and the deals available to you will depend on your circumstances.
Do you want to sell your home in New Zealand and buy before you leave or when you get there? Do you have a deposit? Can you service a home loan? Do you already have a job in Australia? Are you an NZ citizen? Who will give an you expat loan? Which banks have the most competitive home loans?
Well the good news is now I can help you answer all your questions…
I’m so proud to introduce you to UNO home loans! They’re Australia’s first Active Home Loan Manager and our mortgage partner.
UNO combines unparalleled service with technology to streamline the entire process of getting and having an Australian home loan. Not only do they have award winning technology, knowledgeable brokers to help you, but they also have a customer care program that communicates where your loan application is at every step of the way.
UNO are going to help answer all your questions about buying property in Australia as a New Zealander and how to get an Australian mortgage. Whether your living and working in Australia, or you are wanting to buy a home from New Zealand to move into with an expat loan.
Do you want to know if you’re eligible to buy a property in Australia from NZ? Do you want to move straight into your own home in Australia?
Simply complete this 2 min questionnaire and find out. No obligation and you can complete as many times as you like and learn along the way…
I started get more questions regarding purchasing a home in Australia and getting a mortgage over the last two years, but there’s only so much information you can find online. I needed a company that I could trust to give me (and you) knowledgeable, trustworthy advice for your particular needs/circumstances.
Hence I’ve been searching for a mortgage broker partner for close to two years and have finally found UNO who is not only knowledgeable about the rules and regulations New Zealanders face when buying property in Australia, but they also have the customer focus I believe we all deserve.
UNO – pronounced “you know” – because “you” come first.
Born from a passion to improve Australian’s financial health, UNO was started with a vision to make the process of getting a home loan easier, faster and more transparent.
UNO’s mission is to grow the prosperity of Australian households by helping them find, and stay on, the best value home loan for the whole life of the loan.
UNO was founded in May 2016 by Vincent Turner after years of innovating in financial technology from Australia to Silicon Valley.
They want to be the most customer focused home loan business in the market.
They proactively look after customers’ largest household expense, their mortgage/home loan. Their job does not stop when they renegotiate or settle a mortgage. They use their unique loanScore technology to analyse the mortgages of their customers. If they find opportunities where customers can save, their experienced brokers can help negotiate better deals for them.
All that can mean saving thousands of dollars in interest over the life of a loan.
UNO prides themselves on matching customers to the right home loans across their growing panel of 20 lenders whether you are purchasing a property or refinancing.
With UNO, you can win and keep on winning at home loans.
UNO have given us a dedicated broker, inside of UNO, who is focused on helping you meet your home loan requirements. They are a specialist in New Zealand citizens buying either from New Zelaand or buying once they get to Australia.
This means when you contact UNO they already know the special requirements you face as a New Zealander buying property in Australia and can easily help you with your next steps, whatever they may be.
Product Review have them at 4.8 from 339 reviews, with 308 reviews being 5 star (March 2022).
Here are their statistics:
The reason why people use a mortgage brokers is because not every bank will accept you. It depends on a bunch of factors, including your household income, country of residence, deposit amount and if your circumstances fit into their policies. All banks in Australia have different policies and calculations they use to evaluate a loan application.
What UNO does for you is look at your individual circumstances and work out which banks would most likely give you a loan, then approach them for you.
If you’re moving from New Zealand to Australia the hard thing is finding a lender who will enable you to buy a property, whether its before you arrive or when you get there. All lenders will look at how long you’ve been in Australia and what type of work/income you have, or if you’re self-employed.
UNO know all the ins and outs of the different banks, their policies and calculations, saving you hours of wasted loan applications trying to find a lender that will give you a mortgage.
This depends on what stage you are at in your moving to Australia process, exactly when you want to buy, what deposit and income you have and proof that you can service a home loan.
UNO is working with me. They already know that you will have different requirements than their Australian customers. They know that you are either living in NZ currently or have just moved to Australia. You won’t have all the right paperwork and they are ready to help you through the home loan process.
Their triage team will be primed up and ready to help you. And because they know that you have New Zealand requirements you can help you easier and get better results.
Want to know if you are likely to get a loan right now? The below questionnaire will ask you a few questions to establish your next best move towards buying property in Australia as a New Zealand citizen
You will be asked your residence status, where you currently live, what your plans are, how much you plan on spending on your new home, your deposit amount, your income, help calculate your loan to income ration (LIR) and point you in the right direction.
You can complete this questionnaire in less than 2 minutes, with no obligation and as many times as you like…
Where will you be living an earning when you buy your new home in Australia…
If you’ve weighed up the extra costs and tax requirements you will have buying a property from NZ in Australia, then UNO can help you with an expat loan. However, this is a complex and high risk area of lending.
Beware of the rules around foreign ownership and tax:
You can book a time in with UNO to discuss your requirements or you can apply for a mortgage online where you can find out how much you can borrow, get advice about your options, compare mortgages or get a loan asap.
UNO will be able to get you a better mortgage rate, with a smaller deposit and less paperwork if you are living and working in Australia.
Is this you? Then book a time in with UNO to discuss your requirements, or apply for a mortgage online where you can find out how much you can borrow, get advice about your options, compare home loans or get a loan asap.
If you currently have a mortgage in Australia and want UNO to get you a better one? Simply enter your property’s address in the following link for a current valuation (free property estimate).
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You can ask me any questions you have below using the comment section and I will get back to you. If I don’t know the answer, I will ask UNO on your behalf and email you the answer.