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Home Loan with Redraw Facility - valid as Proof of Financial Capacity to sponsor?

filipinacpa PerthPosts: 1,085Member, De-activated

April 2015 in Visitor - Tourist Visa

For those who know po this type of facility in one's bank account in Australia, do you think po it will be a valid proof of funds na rin? I read in other universities in Australia, loan accounts with redraw facility can be used as proof of funds..So if we applied kaya for tourist visa and my boyfriend submitted this one, will it suffice kaya to prove that he is financially capable of paying for my expenses whilst i'm in Australia?

Thanks a lot!

2013-Jan : Decided to pursue my OZ dream
2013-Nov : 1st Ielts-GT @ BC Manila: L-8;R-6.5;W-7.5;S-7.5
2014-Mar : 2nd Ielts-GT @ BC Manila: L-8;R-8.5;W-6.5;S-7.5
Pahinga muna. Sakit sa puso at bulsa!
2015-May : 1st PTE-A @ Bright Center: L-85;R-70;S-45;W-90
2015-May : 2nd PTE-A @Bright Center; L-90;R-70;S-47; W-90
2015-July : 3rd PTE-A @Pearson: L-90;R-77;S-83; W-90
2015-July 20 - Lodged docs to Vetassess
2015-Oct 1: VET Positive outcome
2015-Oct 1: Submitted EOI 190 visa to NSW (55+5)
2015-Oct 4: Submitted EOI 190 visa to QLD (55+5)
2015-Oct 5: QLD responded, rejected 190 due to change in occupation list but offered ITA for 489 visa instead
2015-Nov 2: DIBP points adjusted to 60+5 (due to additional 1 year working experience)
2015-Nov 26: ITA for SS NSW
2015-Nov 28: Submitted SS application
2015-Dec 17: SS Approved + Received 190 ITA
2015-Dec 23: Lodged 190
2016-Jan 5: Medical @ Nationwide (Php5,600 na ang fee!!)
2016-Jan 8: Medical Clearance Provided - no action required (Thank you Lord!)
2016-Jan 18: Applied for Driving SP and Direct Visa Grant!!! (Thank You Lord!)
2016-Jan 26: PDOS @ CFO Manila + Enrolled at A1 Driving

2016-Mar 14: BIG MOVE!:)

PRAY HARD, WORK HARDER!

Compilation of tips/resources/stories for PTE Academic Preparation: pteacademicreview.wordpress.com
Template or "cheat sheet" as called by many: https://drive.google.com/file/d/0B1OZBrQj0i5LWU1EYVZTaDF4VzA/view?usp=sharing
sana po makatulong.. God bless!

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