06-15-2007, 06:41 AM
quote:
Is that a 30 year mortage at that percent, and was that a foreign company or American owned?
The mortgage business is different there than here. There are no mortgage brokers. If you buy resale you go to your bank, if you buy from a developer you go to the bank the developer contracted to provide the loan. Our loan is from a local Taiwanese bank and the rate is fixed for 20 years.
Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB
http://www.JohnRabi.com
Typically Tropical Properties