Austrian banks generally require a 40% deposit when lending to foreign residents. An interest rate of approx. 4.5% and a 25 year maximum term are typical. Fixed rates can also be arranged. Proof of income is required in all cases.

To obtain your mortgage in Austria you will need, as a minimum requirement, proof of income when you make your application. The following will be required:

• Employed? Copies of your last six months' payslips and copies of your most recent P60s plus copies of your last 6 months' personal bank statements
  
  
• Self-Employed? Copies of your last three years' audited accounts and copies of your last 6 months personal bank statements and your last 12 months' business account statements

Non-status loans are not currently available.