Introducing NBH Expat - Australian Expatriate Home Loan Product

VCMM is pleased to introduce a new Full Doc home loan product, NBH Expat.

NBH Expat is specifically designed for:

• Australian citizens or permanent residents with income in an acceptable foreign currency, or

• Australian temporary residents (with an acceptable Australian Visa) with income in AUD or an acceptable foreign currency

Key product features of NBH Expat:

• Variable rate from 4.68% p.a.* (comparison rate 5.20% p.a.#) up to 65% LVR and $1m

• Variable rate from 4.98% p.a.** (comparison rate 5.49% p.a.#) up to 70% LVR and $1m

• $0 Risk Fee up to 70% LVR and $1.5m

• Category 1 and 2 postcodes accepted

• Max. Loan Size $2m

• Max. 80% LVR

• High Density Apartment Unit ≥50sqm: Max. 70% LVR

• 100% Redraw Offset Facility included

Please send your scenarios to scenario@vcmm.com.au or contact your VCMM BDM directly.

* Available for new NBH Expat loans (OO P&I) ≤65% LVR and $1m.

** Available for new NBH Expat loans (OO P&I) ≤70% LVR and $1m. An additional 0.4% p.a. loading is applicable for loans >$1m. An additional 0.8% p.a. loading is applicabe for loans >$1.5m. Lending is subject to VCMM's credit criteria and terms and conditions. Fees and charges apply. #The comparison rate is based on a secured loan of $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The 26th Australia Property Expo - SEQ (Brisbane)

The 26th Australia Property Expo was successfully held at the Brisbane Convention & Exhibition Centre last weekend!

Event venue

Vast Capital Mortgage Management (VCMM), being a main sponsor of the Expo again, had the pleasure of providing face-to-face advice on the mortgage-related issues to our Brisbane friends.

Event Description

The Australian Property Show is held annually in several of Australia's largest state capitals. Since 2011, 20+ expos have been held, attracting 1,200+ exhibitors and 120,000+ buyers. More than $4 billion worth of properties have been sold on spot at the Expos!

The SEQ (Brisbane) Property Expo held this August is already the 26th Australia Property Expo. It featured more than 100 exhibitors from a wide range of sectors, including Property Developers, Banks, Mortgage Brokers, Conveyancing Law Firms, Property Management Services, Management Right Specialist, Builders, building & renovation and home related products companies, etc. More than 30 seminars and free investment talks were held during the Expo.

Crowds queuing at the entrance of the Expo

Event Review

VCMM's stand was located at Stand M3 directly opposite the main entrance to the Expo and many customers were attracted to it as soon as they entered. Our experienced team members served every customer who came to us with great passion and patience.

Patient and professional VCMM Sales Team

VCMM was invited by the Expo Organiser to deliver two seminars on "Insight into Non-bank Lending" (English) and "The Rise and Future of Non-bank Financial Products" (Chinese) on each day of the Expo, respectively.

The first day’s seminar provided a detailed overview of non-bank lending, the advantages of non-bank lending, and other information about non-bank lending. Compared to banks, non-bank loans can offer a more diverse range of loan options with more flexible criteria.

Seminar - Insight into Non-bank Lending (English)

The second day’s seminar showed the rapid growth of non-bank lending institutions in recent years with real data, and analyzed the housing demand and financing needs of the main types of Chinese property buyers such as international students, experienced investors, temporary visa buyers, new immigrants, and retirement age buyers, to illustrate the advantages of non-bank loan products for each type of property buyer, and to look forward to the development prospect of non-bank lending.

Seminar - The Rise and Future of Non-bank Financial Products (Chinese)

The two fascinating seminars provided the audience with not only more knowledge about mortgages, but also the loan options available to them in the current tightening credit market.

The audience showed interest in non-bank loans after seminars. Many people enthusiastically asked questions about loan products and the application process.

It is worth mentioning that we made quite a few new friends at the Expo, including local brokerage and property companies in Brisbane. VCMM welcomes the opportunity to build relationships with professionals from all related industries.

VCMM Team Members at the Expo

VCMM Management Team

VCMM Sales Team

Jeff, Founder of VCMM, with the Representative of the Expo Organiser

Last weekend's Expo was a great opportunity for VCMM to showcase our presence in Brisbane. With our attentive service and strong professionalism, VCMM was well received by guests and industry professionals alike.

Neither VCMM nor Australian Property Expo will stop here.

27th Australian Property Expo - Sydney

12 – 13 Nov 2022

@ICC Sydney Convention & Exhibition Centre Hall

Register for Free Tickets

https://www.aupropertyexpo.com/copy-of-2022-sydney

2022 HKABA Victoria Business Awards

On the 8th of this month, the Hong Kong-Australia Business Association (HKABA) 2022 Victoria Business Awards was held at the Palladium at Crown in Melbourne.

Vast Capital Mortgage Management (VCMM) was invited to attend the event as a representative of outstanding companies and had a wonderful evening with elites from different industries across Australia.

"The Hong Kong-Australia Business Association Limited (HKABA), initiated by the Hong Kong Trade Development Council, was established in 1987 aiming to reinforce economic ties between Hong Kong SAR/China and Australia and to provide a platform for networking and exchange of business ideas for trade and commerce between Hong Kong and Australia."

Victoria Business Awards attracted a wide range of high profile companies across a wide range of sectors including trade, finance, e-commerce, tourism, education and environmental protection.

Violin performance Event venue Speech by Mr. Keith Lam (HKABA

Director of Victoria Chapter)

Although VCMM is an leading Mortgage Manager with presence in the Australia mortgage market for nearly 10 years, it had been strategically focusing its business operations in New South Wales in the past years to lay a solid foundation for steady and long-term growth and only started to expand its proportion of business in other states such as Victoria since late last year. The fact that it has made it to the finalist of the Excellence in bilateral trade with Hong Kong SAR/China Finalist award for the first time in Victoria demonstrates VCMM's brand recognition and irresistible growth.

VCMM founder Jeff Lee and COO Tina Liu at the event

Keith Lam

VCMM Management Team with representatives from various sectors

We sincerely appreciate the trust and confidence you have put in VCMM. Our ongoing success relies on the loyalty and support of customers and business partners. We will continue to step up our efforts in providing the best services to you.