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Sara Young
  • Cincinnati, OH
2
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Looking to buy in Belgium

Sara Young
  • Cincinnati, OH
Posted

Hi all,

I’m looking to get information on purchasing overseas. My in-laws are long time residents of Belgium: she is a citizen, he is an American citizen and a permanent resident of Belgium. They are missionaries and paid in dollars, from America, and pay American taxes. They are unable to get a mortgage in Belgium since they are paid in America.

They went to a bank today for a pre-approval, as they want to purchase a condo (to live in.. they have always been renters) in Brussels, Belgium. Chase turned them down and said they don’t lend for overseas mortgage purchases.

Any ideas on banks that will be open to working with them? They will have a large down payment and are just looking for a conventional, probably 15-year mortgage, great credit etc etc. 

Thanks in advance for your advice!

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