0% Interest free loans
Finance and mortgage loans for foreigners in Thailand. Interest Free lending is available with most of the new of condo projects in Pattaya, offering you a great way to save money and invest in future of Thailand. Typically you would pay 20,000 Thai Baht to reserve a unit, 20% deposit 2-4 weeks after booking, 50% over the construction period and a final instalment of 30% when the condo is complete. Payments can be made over a 2 or 3 year period. Mortgage financing is also available for foreigners, both expat and non residence of Thailand. Interest rates vary depending on which Thai bank you choose. The Banks offering finance say no proof of income or work permits are required to obtain a loan, but the property must be in prime locations such Bangkok, Hua Hin, Cha Am, Pattaya, or Samui. All sorts of properties are accepted, including land banks, condos , villas, and leasehold properties are eligible. The banks with lend up to 70% of the property value over a maximum term of 15 years. . The Thai mortgage loans have so far been easy to arrange and we have so far had 100% success rate in getting loans approved for foreigners to buy property in Thailand. Our team of financial advisers can help you through the whole process. Owner financing is also available on select properties within our database, where it is possible to enter in to an agreement with the owner of a certain property and repay over a set term. The terms and conditions are different with every owner and can be negotiated to suit both parties. Which is also where we can help, legal contracts are drawn up by ourselves and approved by our trusted lawyers, which protects both buyer and seller.