The answer is Yes!
Visa 485 allows visa holders to live and work in Australia after their graduation from universities in Australia.
Due to the short term, only a few lenders can accept this visa. The interest rate starts from 2.4x% to 2.9x%, the highest LVR can be 80%, which can satisfy most customers. You must have noticed that it’s a range for the interest rate, so how to get the lower rate? Lower Loan to valuation ratio, lower rate!
These products has some conditions on the visa condition, has some requirements on the customer’s income as well.
Many students will think that the current bank interest rate is generally 2.xx%, so is there any way to reduce the interest rate even lower? some！
Normally, once the applicant convert the visa 485 to other long term visa, then they can apply refinance to the banks with lower rates.
