Loan in USA to buy property in India?

Deal Score0

I live in US on nonimmigrant work visa. is there any bank giving mortgage loan to buy property in india?
if not, any inputs on work around?

5 Comments
  1. Reply
    ash.shop
    January 30, 2011 at 4:57 am

    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.

  2. Reply
    steve p
    January 30, 2011 at 5:43 am

    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

  3. Reply
    Kislay
    January 30, 2011 at 6:26 am

    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.

  4. Reply
    robert w
    January 30, 2011 at 6:37 am

    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.

  5. Reply
    Buy a Property in India
    August 7, 2013 at 3:09 am

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

    Leave a reply

    Register New Account
    Reset Password