Who this suits
- You've recently arrived on a skilled visa or become a permanent resident
- Your parents are helping with the deposit from overseas
- You have property or a loan back home
- You're buying with siblings or parents
How it works
- A conversation firstIn person, by phone or by video, at a time that suits your family.
- Map the moneyIncome here and overseas, gifts, savings and any loans back home.
- Match the lenderLenders differ a lot on overseas assets, gifts and family purchases.
- SettleWe keep everyone informed through to settlement.
An example of how we help
Example scenario, for illustration
Parents in India helping with the deposit
- The situation
- A couple in Sydney are buying their first apartment. Parents in India are gifting part of the deposit, and one partner still has a small home loan back in India.
- How we'd approach it
- We'd make sure the gift comes through the banking system with a clear paper trail and a signed gift letter, count the Indian loan repayments properly, and choose a lender that's comfortable with gifted funds from overseas.
- What it can mean
- The lender sees a clear, well-documented story from the start, which helps avoid delays and last-minute questions at assessment.
An illustrative example, not a real client. Every situation is different, and lenders make their own decisions.
What a client said
★★★★★
“We had a great experience working with Rahul and Dani for our home loan process. They supported us from start to finish and made the entire process smooth and stress-free. …”
Read the full review on Google ↗
A real Google review, shown with the client's initials. Their situation may differ from the example above.
Get in touch to talk about your situation.
Things worth knowing
Gifts from overseas need a paper trail
Lenders want to see where your deposit came from. Money sent from India or elsewhere should come through your bank with clear records, and a signed gift letter is usually needed.
Loans back home count
Repayments on a loan in India or elsewhere are usually counted as a commitment, even if rent covers them.
Buying with family is possible
Each person's income and debts are assessed. Get legal advice on how you'll hold the title.
Guarantors usually need Australian property
Parents can sometimes guarantee part of a loan, but most lenders need that guarantee secured by property in Australia.
Documents you'll usually need
- Passport and visa details
- Payslips and bank statements
- A signed gift letter, if family is helping
- Records of money transferred from overseas
- Statements for loans in Australia and overseas
We'll confirm exactly what your lender needs, so you don't gather anything twice.
Questions
Can my parents overseas gift me the deposit?
Many lenders accept gifts with a signed gift letter and evidence of the transfer. Some want the funds to sit in your account for a period first.
Will my loan in India affect my borrowing here?
Usually, yes. Lenders count the repayments as a commitment.
General information only. It doesn't consider your objectives, financial situation or needs. Lending criteria, fees and charges apply.
