Your text for {$Name} has been sent. Yellowbook recognizes the importance of protecting your privacy. See our Privacy Policy. This service is free of charge and is for US calls or text messages only.
Foreigners generally cannot obtain a mortgage from local Thai banks to finance the purchase of their Thailand property investment. Most of the financial institutions in Thailand provide loans for real estate purchases to Thais and Thai Companies.here are generally two other options available to foreigners to finance their Thailand house or condo purchase. Historically, many foreign buyers had taken a mortgage against their property in their home countries. This is more difficult than ever given the economic crisis, yet still an option for some.
The only hold-up to purchasing a property in Mexico for Americans and Canadians (and other foreigners) has been mortgage financing. Up until a couple years ago, if the purchaser didn t have cash, he/she could forget ever owning a home in Mexico.ccording to Tom Kelly, a nationally syndicated newspaper columnist and radio talk show host, for every 10 U.S. residences, 9 have mortgages. In Mexico, for every 10 homes owned by a foreigner, 1 has a mortgage.