Fast home loan approval for partner visa holders

Yes. If you hold a Subclass 820 (onshore), Subclass 309 (offshore), or Subclass 300 (prospective marriage) visa and buy as joint tenants with your Australian citizen, permanent resident, or eligible New Zealand citizen partner, you can borrow up to 95% LVR (a 5% deposit) on standard lending terms.

When buying jointly with an Australian citizen, permanent resident, or eligible New Zealand citizen partner, deposits start from 5% (95% LVR) with multiple lenders.

1. 5%95% LVRBuying jointly with an eligible partner. Multiple lenders.
2. 10%Wider choiceWider lender choice and lower Lenders Mortgage Insurance (LMI).
3. 20%No LMIRemoves LMI altogether.
4. 20% to 30%70% to 80% LVRBuying on your own without an eligible partner, you typically need this.

Your deposit can come from genuine savings, documented overseas transfers, family gifts, or the First Home Owner Grant where eligible.

Not on a joint application. The Australian Government 5% Deposit Scheme requires every applicant on the loan to be an Australian citizen or permanent resident aged 18 or over, so having a temporary partner visa holder on the application makes a joint purchase ineligible. The scheme can only be used if your Australian citizen or permanent resident partner qualifies and buys in their sole name, or once your permanent visa (801 or 100) is granted.

In most cases, no. If you buy a residential property as joint tenants with your Australian citizen, permanent resident, or eligible New Zealand citizen spouse or de facto partner, you are exempt from FIRB approval and its fees. If you buy in your sole name or as tenants in common, FIRB approval and fees apply.

Yes, when you buy as joint tenants with your Australian citizen, permanent resident, or eligible New Zealand citizen partner. Because the joint-tenant spouse exemption applies, the current ban on foreign persons buying established homes does not affect your purchase. If you buy on your own without an eligible partner, you are restricted to new dwellings or vacant land.

To qualify for the FIRB spouse exemption, you must purchase as joint tenants.

Eligibility depends on your state or territory. In several states, couples buying or building a new home can receive the grant when one partner is an Australian citizen or permanent resident, even if the other partner holds a temporary partner visa. Grant amounts range from $10,000 to $50,000 depending on the state, property type, and purchase price cap. We confirm your eligibility during your assessment.

Your existing home loan continues unchanged with no disruption. However, your borrowing position improves: as a permanent resident living in Australia, you gain access to the full panel of 31+ lenders, potential refinancing options at sharper rates, no foreign buyer stamp duty surcharge on future purchases, and the ability to buy property in your sole name without FIRB approval.

Yes. Buying jointly with your Australian citizen, permanent resident, or eligible New Zealand citizen fiancé as joint tenants, a Subclass 300 visa holder can access up to 95% LVR and is usually exempt from FIRB approval and its fees, on the same terms as a 309 or 820 visa holder. Buying on your own, borrowing is typically capped at 70% to 80% LVR and FIRB approval is required. When you marry and transition to an 820 visa, your loan continues unchanged.