Can I get a home loan on a 482 or temporary visa?

What lenders look for

• Visa class and remaining validity — longer remaining terms are viewed more favourably.
• Australian employment history, usually at least three to six months.
• Deposit source: genuine savings held in Australia are simpler than overseas transfers.
• Whether a spouse or partner is an Australian citizen or permanent resident, which often unlocks standard policy.

FIRB, duty surcharges and the real cost

The regulatory costs matter more than the interest rate. FIRB application fees apply to most temporary-resident purchases, and several states levy a foreign purchaser duty surcharge on top of ordinary transfer duty. Those two items can add tens of thousands of dollars to the cash required, and they are frequently discovered late.

• Budget for the FIRB fee before you make an offer, not after.
• Check your state's foreign purchaser surcharge — it varies significantly between states.
• An established dwelling versus new build changes what FIRB will permit.
• Land tax surcharges may also apply annually while you remain a temporary resident.

When permanent residency is close

If your PR application is well advanced, it is often worth modelling both scenarios. Permanent residency opens standard policy, higher LVRs, the removal of surcharges on future purchases and access to first home buyer schemes — so a short wait can be worth far more than the price movement in the interim.

How XLOANS helps with this scenario

We check the policy before an application is lodged, not after. That means confirming with the lender's own guidelines that your situation fits — tenure, income treatment, credit file, deposit source — so the enquiry on your file is one that has a genuine chance of approval.

Our service costs you $0. We are paid an ongoing commission by the lender for as long as your loan stays with them, which is why reviewing your loan later matters to us as much as settling it now.