Yes, the policy of individual applying for housing loan is the same as that of housing mortgage loan. However, during the construction period, the amount of bank loans will be paid in installments according to the construction progress, and the implementation will be supervised.

During the mortgage loan period, housing transactions are not affected. As long as the mortgage replacement procedures are handled, the loan amount can even be added. The loose housing finance policy has promoted the liveliness of the Australian housing market.

I. The loan process is as follows:

Choosing a house-contacting a lending institution-submitting an application-evaluating-exchanging contracts-reaching a settlement.

Second, when to enter the loan procedure

In Australia, a deposit of 0.5% is generally paid first, and the deposit will rise to 10% after two weeks. You still have some time to complete your loan procedures and then pay.