Non-Citizen Loan
For customers living overseas looking to purchase investment property in Australia. MKM will use 100% of income for both Self Employed and PAYG.
make it
downunder
Key features of the MKM Non-Citizen loan

Loan Settings
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Rates From 6.25%
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Maximum LVR 75%
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Maximum Loan $1.5m
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0.55% upfront and +.20 trail including GST

Other features
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No clawbacks
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MKM does not shade overseas income. We accept 80% of overseas rental income.

Applicants
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Must reside in eligible countries of residency
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Customers on visas residing in Australia or a non-citizen residing overseas can be receiving overseas income streams
What our Non-Citizen customers are saying
Product Summary
Registered Defaults
< $1,000 Ignored if > 2 years
Arrears
Zero arrears
Maximum LVR
Borrow up to 75% of the property’s value
Max Loan – 75% LVR
$1,000,000
Max Loan – 70% LVR
$1,500,000
Maximum term
30 years (subject to expected retirement age)
Minimum term
5 years
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.