Mortgage buyers typically have to have homeowners insurance and do credit…

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This topic contains 6 replies, has 3 voices, and was last updated by  Anonymous 4 years, 4 months ago.

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  • #410400

    Anonymous

    if you have an account in usa with any perticular bak check with them .
    otherwise try with icici / hsbc those 2 are pretty big in india.

    this will also depend on the lenght of your visa and your credit score.

  • #410401

    Anonymous

    i doubt it due to sub prime crisis in USA they are more careful to lend especially in India i f you were to default then it would be difficult to repossess your property

  • #410402

    Anonymous

    Home Loan is considered as a Secured Loan. As u r not buying a property is the US then no bank can provide u a loan to buy a property in India. U will have to come back to India to check with the local banks like ICICI and SBI to find a way out. Please visit the sites for few banks in India and search for home loan products.

  • #410403

    Anonymous

    thanks for the giggles.
    hope, spring forward consistently.

    sorry no legal bank in USA will give u a loan to purchase a property in any foreign country for obvious reasons.

    learn to live even cheaper than u are now and save ur money. if possible get 2 more pt/tm jobs and save everything.

    contact ur local India banks for info on home buying in ur country.

  • #198639

    Anonymous

    …checks b4 receiving a loan…? Are the insurance requirement and credit check intended to reduce adverse selection or moral hazard?

  • #256602

    Anonymous

    None- it’s to protect the bank in case you defalt and become a dead beat…

  • #410404

    Anonymous

    I don’t think so that any1 will get loan in USA for Buying Property in India.

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