Episode 6 - What Banks Consider When Assessing a Australian Expat Pt 2

Welcome to the sixth episode of the Expat Mortgage Podcast where we discuss the latest issues of securing and maintaining an Australia mortgage whilst you are a Australian expat. In today’s chat as part of our two part series on what banks consider when assessing a Australian expat for a mortgage we discuss: * What is the Household Expenditure Measure (HEM) and how does it effect your mortgage application? * What is the debt-to-income (DTI) ratio and how can Australian expats use this to work out their borrowing capacity? * If an Australian expat is purchasing a vacant property how does the bank work out their ability to service the mortgage? * Top tips for Australian expats looking to clean up their finances in anticipation of applying for a loan in Australia. If you like the content make sure you let us know by hitting the thumbs up and subscribing as well as providing some feedback in the comments below. The Expat Mortgage Podcast is all about helping Australian expats secure and maintain a Australian mortgage whilst they're living and working overseas. This podcast is brought to you by Atlas Mortgages which is part of the Atlas Wealth Management Group who is the leading provider of Australian expat financial services. Atlas Mortgages works with Australian expats in over 30 countries and we make it our job to speak to 30 Australian Mortgage Lenders and review over 500 Australian Mortgage products to ensure that not only can you that mortgage as a Australian expat but also provide you with a loan that is right for you and your circumstances. To learn more go to https://atlaswealth.com/how-we-can-help/australian-expat-mortgages/