Getting a Home Loan in Perth
Many people arrive in Perth thinking that they won't be able to get a mortgage until they've been working for 6 months - that's not true. There are lots of different Home Loans available and, depending upon how much of a deposit you've got, it is possible to get a mortgage within a couple of weeks of stepping off the plane.
Currently, Perth house prices are stagnant, but accordning to some inside sources, sales are picking up (as of Oct 2011). Bargains are still there to be had as the market still contains a large number of desperate sellers.
Have a look at our Buying Accommodation in Perth page to get a better idea of how the buying process works in Perth. Before considering buying, it is vital to get advice from a Mortgage Advisor. They'll be able to tell you what mortgages you'll qualify for as well as advising you as to what the buying fees will be and the monthly repayments. Also remember, as a holder of a Permanent Residency Visa, you'll get the $7,000 first time homebuyers grant (if you've never bought a property here before and the cost of the house isn't above the cutoff threshold).
