Expat Loan
For Australian Citizens working and living overseas or Permanent Residents living in Australia with income from overseas.
make it
ready for your return
Key features of the MKM Expat loan

Loan Settings
- Rates from 4.15%
- Max LVR 70% up to $1.5M or max LVR 75% up to $1M for residential houses.
- Max LVR 70% up to $1M for units and apartments
- We pay an upfront commission of 0.7% with a 0.2% trail

Other features
- We do not clawback
- MKM does not shade the income from any country, we accept 80% of rental income for overseas investment properties

Applicants
- All borrowers must be Australian Citizens if living overseas (Expat)
- Australian Citizens (Passport holders living and working overseas) or Australian Citizen/ Permanent Residents that resides in Australia and earn overseas income (can be self employed)
- Income verification for self-employed borrowers will need to include 1 year’s financials
- Discharged Bankrupt > 1 day
What our Expat customers are saying
Product Summary
Registered defaults
< $1,000 Ignored if > 2 years
Bankruptcy
Discharged > 1 day
Arrears
1 late repayment < 30 days allowed
Maximum LVR
Borrow up to 80% of the property’s value
Minimum amount
$100,000
Max Loan – 80% LVR
$1,500,000
Maximum amount
$2,000,000
Maximum term
30 years (subject to expected retirement age)
Interest structure
Principal & Interest OR Interest Only. Additional terms and conditions apply to Interest Only loans.
Repayment frequency
Weekly, fortnightly or monthly (Interest only is monthly)
Extra payments
Permitted

Ready to take the next step?
One of our Business Development Managers will be happy to speak with you to find a solution that best suits your needs.