Why don’t US mortgage banks give out loans for buying a house in another country?
zidag123 asked:
I recently wanted to purchase a house in Israel and was told that I could not receive a mortgage from a US bank for this purchase. I can’t understand this. I don’t think that they would have any trouble with foreclosure in foreigh courts so what’s the deal?
Bertha
I recently wanted to purchase a house in Israel and was told that I could not receive a mortgage from a US bank for this purchase. I can’t understand this. I don’t think that they would have any trouble with foreclosure in foreigh courts so what’s the deal?
Bertha
Tags: Foreclosure, Mortgage Bank, Mortgage Loans