News Hong Kong Property & Finance

Mortgage on Philippine Property

ORIGINAL POST
Posted by Eureca 11 yrs ago
I am HK resident (Not P.R.) and look urgently for a bank or other financial institutes where I can put a mortgage on my properties in the Manila Philippine.

Who can help? Thx


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COMMENTS
kyeong ae 11 yrs ago
What is your nationality? And did you already buy a property or planning to buy? Rose

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mikaelarhelger 11 yrs ago
Never heard this to be possible. Had any luck?

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JensM 11 yrs ago
No Luck!! Banks in HKG don't give a loan because they con't and don't want to handle with property in the Philippine and banks in the Philippine can't give a loan/mortgage to a foreigner. They request as least a Philippine co-signer.

I bought my properties 5 years ago and they are fully paid! I am myself German citizen.

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kateblundell 11 yrs ago
Where is the location of your property in the Philippines? Is your property under your name?


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JensM 11 yrs ago
My property is in Metro Manlia, 622 Shaw Blvd., 1552 Mandaluyong City.

Yes, the property is under my name. I have the document title in HkG

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norm69 11 yrs ago
If all your papers are in order try the BPI or PNB banks at a push the DBP also are you married to a Philippine lady or try the bank you got your mortgage from

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JensM 11 yrs ago
BPI is my house-bank and they don't give mortgage to foreigners. No I am not married, this is actually the problem!

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gedward3 9 yrs ago

Are you an Aussie or New Zealand Expat. If so try the below

http://www.anz.com/philippines/en/personal/guide-expats/expat-mortgages/

Ged Ward

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