Jump to content

Borrowing Against Owned Condos


Recommended Posts

Apologies if this has been asked before, tried to search and could not find.

I own three condos in Jomtien. I would like to use one, or all, as collateral for a loan to buy another. I assume 50% down will be required and financing would be in Thai wife's name. I am on retirement visa, but work full-time for multi-national in Singapore. One man at SCB in Pattaya says 20% of valuation, man at SCB in BKK says 50%. Both talk about "signing" the properties over tho the bank (my wife's words).

Any illumination that can be provided is appreciated...................

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...