It seems that some th members have gone through a Thai bank for financing whether through their name or through their wife's name. Have a question on the financing process ... more specifically, when does the bank get involved.

The property is a condo.

The payments are as follows:

1. The reservation (จอง)

2. The contract

3. Six down payment installations each month for 6 months

4. The ownership transfer (~90% of the price, approx 6 months after step 1)

Assuming I get pre-approved before step 1, when do I go to the bank for the financing and final paperwork?

Thanks

Assuming you are getting the condo in your name, under foreign currency ownership rules, the bank would issue the importation of Foreign Currency Exchanange Form (FET) for the land office when transfering final ownership to you. Prepayments are up to you to arrange with the contractor before hand.

If your Thai wife is buying the proerty in her name, you could be a cosigner and it would be best to find a bank first and ask them.