REGISTER & LOGIN

Your search results

co-signing a loan with bad credit. american retiree buying property in BGC.

0
0

Hello and thank you for this forum. My question is about the new condo I will be purchasing with my fiancee (we are not officially married and will not be throughout this home buying process). We found a nice place in BGC and have already made all the proper arrangements to own it. My situation is a little bit different than most and I don’t think the broker understood me when I asked about this. Basically, I am a disabled veteran receiving a steady income every month from the United States military. My fiancee has good credit in America and mine is actually quite bad. I do not have a credit history and some medical bills that I wound up with damaged my credit score further, unfortunately. We can purchase the home with around 25% cash down and the rest will need to be financed. Who is best signing the loan, her or me? Should I co-sign despite having bad credit? Do Philippine banks actually look at my American credit history? I can show proof of income and everything else. The other issue is that I need to be fairly certain that the process will go smooth once I arrive there. Hopefully it does not take too long and we don’t encounter issues with financing our new Manila condo.

Sam C. Paulson

  • You must to post comments
Showing 0 results
Your Answer

Please first to submit.

  • Contact Us

    Your Name (required)

    Your Phone (required)

    Your Email (required)

    Your Country

    Interested in

    Choose Captcha

  • Advanced Search

    ₱0 to ₱4,000,000

  • Recent Posts

error: Content is protected !!