Australia

The Bank can only finance selected locations in the following states:
New South Wales, Queensland, South Australia, Western Australia, Victoria

Eligibility:

• Only finance Non Australian residents for the purchase of an Australian property
• Foreign Investment Review Board (FIRB) approval is required for a non-Australian passport holder.

Types of Loan Available

• Loan Available for Purchase of property
• Re-Mortgages available

Loan to Value:

• 80% of Purchase Price (Single Currency)
• 75% of Purchase Price (Multi Currency)

Interest Rate:

• Multi- currency product available
  Euro: 5.97%
  Swiss Francs: 3.97%
  AUD: 9.01%
  USD: 4.04%
  More Available upon request

Maximum Term and Age Limit

• Maximum 30 years
• Age Limit of 70 years at maturity

Minimum Loan Amount:

• $75,000 USD or equivalent

Documents Required:

• For general documents required please contact Isha Singh for more information.

Additional Fees

For associated costs, the approximate/estimated figures are as follows-

1. Bank’s non-refundable arrangement fee: 0.5% of the Loan Amount
2. Valuation Fee: on quotation basis
3. Legal Fee: 1500 plus disbursements
4. Other costs may include fire insurance etc.
5. Fidentia Group Administration Fee: 0.5% on application and 0.5% on completion of the mortgage

No Early Repayment Penalties