Farang with house, want to use as collateral to purchase additional property.

[scorecard]

On 10/4/2022 at 7:21 PM, Old Farang said:

So far I would concur with what everyone has said, but I have very limited experience with this kind of thing, especially in Thailand. What I’m hearing here is that Thailand is not that different from other countries I have lived in.

 

 

True, the subject is:    Banking: Risk Manangement

 

Banks all over the world use pretty much the exact same principles.

[kuma]

On 10/4/2022 at 1:53 PM, Old Farang said:

What is source of this? Is this still valid, ie how old is this info?

Punishing interest rate and fee schedule, you would really have to have some other piece of gold in mind to pay all that to get a loan at 12%! Wow