Palatkik Posted September 12, 2001 Report Share Posted September 12, 2001 Can any expatriates offer any past experience on obtaining home loans for a Thai house with a Thai wife or partner in recent years in Bangkok or Thailand? I have myself obtained such a loan in the past (pre Asian financial crisis) without much trouble and paid it all off. The down payment was relatively small and the monthly repayments amounting to less than that of a rental. My situation then was that of holding a steady Asian based job (though not in Thailand) and having a Thai spouse (not working in Thailand either). The banks then just wanted proof of income overseas and the Thai’s signature. I’m sure it cannot be that easy these days but was wondering if anyone has any thoughts on this, or do most expatiates who buy homes pay in full. Cheers, Link to comment Share on other sites More sharing options...
Nervous_Dog Posted September 12, 2001 Report Share Posted September 12, 2001 Hmmm I am going through this now, they want proof of employment, work visa, thai spouse working records. Not so good if she isn'tworking. Will lend up to 80% of the property, as you say, rates are low now, but for how long? Still if you can get a place for the right price, why now! JB Link to comment Share on other sites More sharing options...
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