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Expat Community > Philippines

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Condo loans

6 years ago
Hi all,

I’m big into real estate and purchased a few condos in Pattaya and Bangkok last month. Looking to now buy in the PI and reaches out to a few banks and real estate developers about loans for foreigners.

The real estate developers did mention foreigners are now being approved for loans in the PI. Im use to the norm like here in America but I’m sure it’s diffwrent and could come with some no no’s or it’s a good idea. Just looking for more clarity and advice. I do know I can buy outright which I have no issue doing but would like to know if loans are something new and safe in that region. I’m asking before I get burned. Thanks all

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