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Subject:
Getting a mortgage loan for a property in Brazil
Category: Business and Money > Finance Asked by: vanina-ga List Price: $50.00 |
Posted:
08 Sep 2003 18:52 PDT
Expires: 08 Oct 2003 18:52 PDT Question ID: 253691 |
US banks or financial institutions interested in granting a mortgage-loan for the purchase of a property in Rio de Janeiro, by a US Resident working for a US Company in Brazil, with US based salary paid in a US Bank |
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There is no answer at this time. |
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Subject:
Re: Getting a mortgage loan for a property in Brazil
From: probonopublico-ga on 08 Sep 2003 23:13 PDT |
This might be tough. A lender might have difficulty in realising his security in the event of default. This could be overcome if you could also offer some US-based security. But why not raise the finance in Brazil? The Golden Rule is to borrow in weak currencies but lend in hard. |
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