torrenova Posted January 6, 2007 Author Report Share Posted January 6, 2007 Cheers guys but what do they need in terms of paperwork ? How long history of XYZ income does she need to prove (sister will have to chip in some and I'll feed it into her account). What about tax forms ? Salary slips etc. Cheers Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted January 7, 2007 Report Share Posted January 7, 2007 The bank we used is the bank for government employees. It is near Fortune Towers. They also have every week an auction for repossessed cars and motorcycles. We picked up a bike there also. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted January 9, 2007 Report Share Posted January 9, 2007 Documents needed for loan (Bangkok Bank) can be found HERE. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted January 9, 2007 Report Share Posted January 9, 2007 As for getting a fixed rate loan, Bangkok Bank says: 3. Do I have any other choices when it comes to my mortgage installments? You can choose to fix your monthly loan repayment either with a flat-rate calculation or a step installment (for interest rate option 1 and 2). With the flat-rate repayment option, each installment will be the same over the period of your loan. With the step-installment option, you will pay a smaller monthly amount at the beginning of the loan term. However the repayments will be increased later. Source is located HERE. Link to comment Share on other sites More sharing options...
SingaporeSteve Posted January 10, 2007 Report Share Posted January 10, 2007 I have had two mortgages which were fixed rates in Thailand for the first 24 months and then they went to a variable rate linked to the central bank fee (the MLR I think refered to above). Both were with Siam Commercial Bank who are also our company bankers and I have had a a excellent relationship with them for years hence the approval process was quite straightforward. Incidentally no longer can a company with foreign directors borrow money for any land acquisitions. Cheers SS Link to comment Share on other sites More sharing options...
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