Below is a list of currencies that can be used for servicing a new home loan application, for Australian expats.

The most common currencies accept: United States Dollar (USD), Great Britain Pounds Sterling (GBP), Euro, Singapore Dollar (SGD), Canadian Dollar (CAD), Hong Kong Dollar (HKD), Japanese Yen (JPY), Swiss Franc (CHF), New Zealand Dollar (NZD), Chinese Renminbi (CNY) .

These are considered the tier one currencies for the banks and increase your chance of getting a loan. Lenders can accept up to 80-90% of the gross converted income, with tier once currencies.

Bahrain Dinar (BHD), Bruneian Dollar (BND), Danish Krone (DKK), Fijian Dollar (FJD), Indian Rupee (INR), Indonesian Rupiah (IDR), Kuwaiti Dinar (KWD), Macau Pataca (MOP), Malaysian Ringgit (MYR), Norwegian Krone (NOK), Oman Rial (OMR), Papua New Guinean Kina (PGK), Philippine Peso (PHP), Qatari Riyal (QAR), Samoan Tala (WST), Saudi Arabian Riyal (SAR), Solomon Island Dollar (SBD), South African Rand (SAR), South Korean Won (KRW), Sri Lankan Rupee (LKR), Taiwan New Dollar (TND), Thai Baht (TBH), Tongan Pa’anga (TOP), Turkish Lira (TRY), United Arab Emirates Dirham (AED), Vanuatu Vatu (VUV), Vietnamese Dong (VND).

These currencies can be accepted, but as they are considered tier two currencies – lenders may only use 60-70% of the gross converted income, but please explore your lending options with hfinance.

We would love to meet with you face-to-face and go through in greater detail the costs involved when purchasing or refinancing Australian property. To read more about acceptable income for Australian Expats. To read more about Australian Expat Home Loans click here.

We also have an office in Sydney and Gold Coast, Australia. You can contact our main Australian business on 1300 928 227 or email info@hfinance.com.au.