Forums / Property Investing / Overseas Deals / Foreign investment property debt

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  • Profile photo of Fordo81Fordo81
    Join Date: 2015
    Post Count: 1

    Do I need to disclose foreign investment property debt to the banks in Australia when applying for a mortgage for an Australian investment property? It seems very unfair the banks look at foreign investment debt but not the rental income.

    Profile photo of mj23001mj23001
    Join Date: 2012
    Post Count: 10

    Depends if the bank/lender is aware of your international activities. In some cases, it may be beneficial to keep those details out of the application.

    Profile photo of Richard TaylorRichard Taylor
    Join Date: 2003
    Post Count: 12,010

    may be beneficial to keep those details out of the application.

    But of course would be mortgage fraud not to disclose.


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    Profile photo of Jason DJason D
    Join Date: 2019
    Post Count: 24

    If you already own a property in Australia and only have 60-70% remaining on the mortgage, you can actually use your equity for buying property overseas. Your Australian lender won’t accept a foreign property as security outright but you can do a cash out with the help of your mortgage broker.

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