We are here to realise your Australian Dream!
- Interview with Ryan Clarke, the Head of Operations of Blue Lotus Loans
For any Chinese FIRB property purchasers in Australia, 2018 is definitely going to be a very special year. After two years’ policy instability in the FIRB lending industry, the market has finally seen some positive signs with more and more organization and loan products coming to the rescue. Among them is Blue Lotus Loans, a mortgage product that is especially created for non-resident property purchasers in Australia.
Blue Lotus Loans is a consortium of KKR and Pepper, two top-notch international companies in the financial industry. With reputable big names behind the scene, competitive terms and condition of the product, and great customer service capacity, Blue Lotus loans have received huge number of inquiries from all related parties in the property industry; and have been very popular among FIRB purchasers who are looking to settle their properties soon.
To familiarize more customers with Blue Lotus Loans, today we have the privilege of inviting the Head of Operation of Blue Lotus Loans, Mr. Ryan Clarke, to talk about some of the most frequently asked questions about the current Australian Property Market and Blue Lotus Loans.
Financing your new Australian home
Australia is a beautiful place to live and provides great investment opportunities. When it comes to arranging finance to purchase property however, many overseas buyers don’t really understand the process of getting a home loan in Australia. You need to be careful because the processes in Australia are not the same as those in other countries!
Over the last 24 months in particular, the Australian lending environment has gone through significant changes. Such changes include the local banks ceasing lending to overseas borrowers and increased stamp duty for foreign buyers.
If you have purchased a new development, you need to make sure that you are able to arrange finance to avoid losing the deposit that you have put down on your property. Here are a few key points for you to pay attention to if you are thinking about applying for loans in Australia.