Oliver is the director of a company that is the trustee of a family trust. The trust owns multiple residential properties that were financed by different lenders. The loans were initially interest only but had switched to principle plus interest. Oliver wants someone to help refinance the loans to interest only to minimise monthly outgoings and consolidate the loans into one lender to simplify the administration of the trust. The trust also has some extra cash that he wants to be able to put into an offset account to reduce monthly interest payments.

AUDHILD knows that there are only a handful of lenders that will lend to Trusts and offer offset accounts. We can identify appropriate lenders and determine suitable products for Oliver and guide him through the advantages and disadvantages of each feature available.

George is an Australian working overseas and wants to buy an investment property in Australia. Because George is an Australian citizen, there are no restrictions preventing him from buying established residential property.

The financing process for Australians living overseas is largely the same as residents but documents need to be witnessed and certified by a public notary or justice of the peace (typically found in Australian embassies).

Note that the Australian Taxation Office (ATO) has specific rules and guidelines for foreign persons buying property in Australia.

Not all lenders will lend to expats. Some lenders might impose certain restrictions such as only accepting a portion of the income earned overseas. Some lenders may only accept income from a global corporate employer whereas other lenders may allow income from self-employed businesses.

AUDHILD can work with George to find suitable lenders and review in depth each financing product to get to the right outcome. We can guide George through the documentation requirements to ensure his information is submitted accurately and quickly.

Where applicable, AUDHILD may be able to include certain allowances offered to George through his expatriate employment contract that could increase the amount he is able to borrow.

Ashley is an IT manager and has been working for an employer for 15 years. Due to her stable income and consistent super contributions, she has accumulated over $320,000 in her super. Seeking more investment control over her growing assets, diversification and long-term cash flow she decides to establish a self-managed super fund (SMSF) and use her accumulated assets to buy an investment property.

Not all lenders lend to SMSFs. AUDHILD can work with Ashley to determine which lenders will be appropriate to consider and review and compare the details of each product offering. We can also coordinate the documentation with her solicitor and the lender to streamline the process.

Find out more about SMSFs here.

Meet Priya & James, a young married couple in their late 20s, both working professionals. After a few years of renting and saving for a deposit, they decided to contact a real estate agent to start looking for an apartment to buy.

AUDHILD can educate Priya and James on the First Home Owner Grant (FHOG) nationwide scheme and encourage them to review the eligibility criteria so they can determine whether they should apply.

We can work with Priya and James to understand what is their maximum borrowing capacity and their ability to service their loan repayments.

In order to save time and put Priya and James in a stronger position when putting an offer on an apartment, AUDHILD can help apply for a conditional approval (pre-approval) with a lender which is typically valid for 3 months.

Priya and James can now start their property search with confidence!

Vishal bought an old house on a large block of land 7 years ago in a great neighborhood. He got the house at a good price because the house was old and needed some renovation work. His strategy was to live there with his young family and wait for it to appreciate in value and sell it to buy a larger home for his family. Fast-forward 7 years and the land has grown significantly in value but so have all the homes that are on the market that he is looking at to buy. Rather than sell, he decides to move his family into a short term rental, demolish the existing house and build their forever home on the land he already owns.

AUDHILD can help Vishal identify competitive construction loan products and features available across a large selection of lenders.

We will help Vishal by coordinating with his builders and the lender to release funds at each stage of the building process until the construction is complete.