U.S. mortgages to buy property in India?

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Hello, I own an apartment in India. The home loan banks are Indian 10 +%. Have U.S. lender / mortgage lenders to provide the Indian property? I am similar to mortgage interest rates in the U.S., I’m looking for 5-6% in the U.S., pending green card and have an excellent credit rating / history Please share your comments.

  1. Reply
    February 4, 2011 at 10:39 pm

    No, they will not because they can not enforce US foreclosure laws in India if you decide to flake.

  2. Reply
    Credit Guy
    February 4, 2011 at 11:29 pm

    US rates don’t apply outside the US. Indian mortgages are not made or paid in US Dollars, and the enforcement regime is of course entirely different.

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