I want to know if someone who has permanent residency and a working visa in Australia ask for a loan to buy a car a mortgage from bank to buy a house, or maybe a store there??!!
Is it really possible or not??Can someone who is not still a citizen in Australia ask for a loan or mortgage?
Every bank and every branch of those banks is different. You may have a little more luck using a loan broker. Use one that does not charge you any fees to negotiate the loan. (the bank pays them for finding them business) ou can only ask. Make sure you use a mainstream bank or building society or credit union. Ask lots of questions about fees and interest. Do not get suckered into something like AGC credit etc.Can someone who is not still a citizen in Australia ask for a loan or mortgage?
Mortgage loan is a term used for the loans secured by a property. Mortgage loans refer to a loan secured by residential property, often for the purpose of securing real estate. Mortgage loans are priced lower than other loan structures because the value of the property risk for the lender.
http://www.worldbestloans.com/Mortgage%20Loan.htm
A fixed rate mortgage loan has its own benefit. If the borrower is budget conscious, he will remain at peace because the monthly mortgage amount will not change.Fixed rate mortgage loan is a loan where the interest rate remains the same through the term of the loan. Fixed rate mortgage loans are the most traditional form of loan.
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