home loan for a house overseas?

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home loan for a house overseas?

2006-11-13 05:27:55 · 2 answers · asked by merc 1 in Business & Finance ➔ Renting & Real Estate

2 answers

Most U.S. banks are reluctant to make loans secured by assets abroad. You best bet is to try and get financing in the locality of the asset. Keep in mind however, that as a foreign borrower, you may be subject to different requirements which may include a local resident/citizen as a guarantee to the loan.

2006-11-13 07:12:02 · answer #1 · answered by boston857 5 · 0⤊ 0⤋

puerto rico? Virgin islands?
I can get it done if you are a U.S. citizen.
Also I can get you a home loan in coastal cities of Mexico.

hope that helps!

2006-11-13 12:37:55 · answer #2 · answered by ondreforsure 3 · 0⤊ 0⤋