Hi Guys, I have customers who want to refinance an investment property currently under finance with a major in Perth. (58% LVR) They are a married couple who live most of the year in Indonesia but are classed as Australian permanent residents. They receive rental income plus some income from Australian shares.but most of their income comes from a PAYG job in Indonesia paid in Rupiah. They also own a couple of houses in Indonesia unencumbered. They do not have any debt except the rental property. Which lender is still looking favorably on foreign income at the moment?
Provided that they are Permanent Residents then CBA is your only option. Westpac only does it for purchases now.