 Sam
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Joined: 21 May 2005
Posts: 281
Location: CALIFORNIA
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 Posted: Sun Jul 04, 2004 5:05 pm Post subject: Expatriate Mortgage |
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Expatriate mortgage is a type of mortgage which is used to buy property overseas.
Key attributes of expatriate mortgage are:
- Useful tool for an overseas buyer - This is a boon for the overseas borrower,who wants to buy property in U.K for family use or commercial letting.
- Services of specialist mortgage broker - Here, borrower requires the services of specialist mortgage broker. The mortgage broker do the market check and quotation work for him.
- Affordability - Borrower has an opportunity to get the mortgage debt in the currency he/she wishes for.
- Lend sufficient loan - This type of mortgage offers mortgage loans up to 85% of purchasing price of the property.
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