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| *Loan,banking and credit>>>mortgage loan |
Is it possible to loan or mortgage from an American Lender? |
Can I borrow money from a lender based in the US for example purchasing a house here in the UK, if you are not an American citizen? Yes you can but if the mortgage is in dollars and your income is in pounds you run the risk of exchange rate changes. If your repayments today are $180 a month, that will cost you 拢100 plus bank transfer fees. But if the pound goes down to 拢1 = $1.50, you will be paying 拢120 a month. You need a strong stomach to take this risk. you could try bill gates. he has a few quid. You could, some morgage lender in here has based on US interest rate, but be carefull as you will have exchange rate different all the time. |
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