Episode 8 - Do the Lending Criteria Changes Affect Expat Australians

Welcome to the eighth 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 this episode we run through the recent announcement by the Australian Prudential Regulatory Authority (APRA) instructing Australian Banks to amend the assessment rate. We discuss the following points in today's episode: * What is the assessment rate? * How does a move from 2.5% to a 3.0% affect mortgage applications? * What does a Australian expat applying for a loan need to consider? * Are there more changes to the assessment rates forecast and will this affect Australian expats? 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/