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can I get a mortgage on a property abroad?

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Post Posted: Mon Sep 28, 2009 12:07 am    Post subject: can I get a mortgage on a property abroad?
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Hi all!
I own a property abroad. Does anyone knows if I can get a mortgage on that property?
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Post Posted: Mon Sep 28, 2009 1:49 am    Post subject:
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You may get a mortgage but you need to fulfill the required lending criteria of that country. You need to contact the lenders of that country and check out the required criteria. If you fulfill that, I don't think you should face difficulty in getting a loan.
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Post Posted: Mon Sep 28, 2009 8:29 am    Post subject:
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precisely...you need to speak with lenders who can help you there. lenders in the united states don't have expertise in other countries.
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