In most cases, Australian expats can access the same competitive interest rates that local borrowers get. Being overseas does not automatically mean a higher rate. We work with lenders that don’t penalise you for borrowing as an Australian citizen abroad, so you can often obtain rates equivalent to an onshore (Australian resident) customer. However, it’s important to choose the right lender. Some banks have policies that are less favorable to expats – for example, a lender might quietly charge a slightly higher interest margin fornon-resident borrowers, or they may not offer certain discounts unless you negotiate. Additionally, a few lenders have been known to increase an existing customer’s rate once they discover the customer has moved overseas. This isn’t universal, but it happens with lenders who are not “expat friendly.” AEXPHL is aware of which banks maintain the same rates for expats and which ones might load the rate. We always aim to secure you a loan with market-leading interest rates that are on par with what you’d get if you were in Australia. In fact, many of our expat clients secure excellent rates and sometimes special offers. Bottom line: expats do not necessarily have topay higher interest – with the right lender choice, you’ll get a highly competitive rate equivalent to any Australian home loan customer.