Hello,
Finances and banking can sometimes be a headache for many expats, especially when it comes to taking out bank loans.
Is it difficult for an expat to get approved for a bank loan in the USA?
What are the types of bank loans available for expats (mortgage/bonds; business loans; car loans; personal loans; student loans)?
What are the general conditions for expats to take out bank loans (interest rates; timeframe to repay loans, etc.)?
Which bank in the USA is the most popular or accessible for expats regarding loans?
Would you normally require the services of an accounts manager at the bank in order to facilitate the process of taking out a loan? Is this service free of charge?
What would happen in the case of an unpaid loan if you have to repatriate back to your home country or move somewhere else?
Are there any other options for loans aside from the bank in the USA, such as taking out a loan from your bank in your home country, or other types of companies not affiliated with banks, that give out loans?
Thank you for sharing your experience.
Priscilla
Bank loans in the USA
Yes, for sure getting a bank loan can be very stressful in America,specially to get a car or house loan. In order to qualify you have to have good credit history, at least 650 or above to get a affordable interest rate,but some banks or financial institutions will go for less than 650,but interest rate can be much higher.
I'm looking for a mortgage broker who can help secure a US mortgage to purchase a single family home in Texas. Please feel free to contact me. Thank you Harmeet Virdee
Yes am interested in your organization
Jefferyscotman4125 wrote:Yes am interested in your organization
To whom do you respond? Please use the Quote function to identify the post that you want to address.
Articles to help you in your expat project in the USA
Opening a bank account in the US is an important step for managing your finances. Bank accounts simplify paying ...
Dating anywhere in the world can be nerve-wracking, but dating in a foreign country can be especially ...
The United States is a vast country that is made up of a diverse group of people. Life, landscape, and culture can ...
Marriage is a contract that commits two people emotionally, legally, and materially. In the US, both same-sex and ...
Regardless of the season or the weather, New York is a city that remains both vibrant and lively all year round ...
Staying connected with loved ones while in the United States – not to mention all the other reasons ...
