Bank loan refinance for house

[Mickey Cohen]

Hi,

Im not sure Im in the right section but I have a good question.

Getting at the end of 3 years on a morgage from UOB on my thai wifes name. She has no income so onlt uob and scb would lend us money.

Now I want to refinance to get a cheaper rate. Tried krumgsi and Tanachart. Both said my wife has no income so no loan. Eventhough money comes on her account everymonth (from me).

How to do?

[funandsuninbangkok]

You and many others suckered into the cheap teaser loans last few years. This is the source of the condo bubble. 

 

Now the purge. From zero to 8%. Ouch!

 

hopefully you are at least live no in it or renting it out. Many have left theirs vacant on hopes of recouping investment by selling to greater fool. Unfortunately the music has stopped in the Thai real estate game. 

 

Did you you get a chair or are you out?