The Thai government and also the banks in Thailand are not keen to give loans to foreigners who want to buy a property in their country. The only official finance is only available when you are going to buy a condominium in FREEHOLD. That can be done through either the Bangkok Bank's Singapore Branch or the United Overseas Bank of Singapore (UOB). Keep in mind that it is a long and difficult procedure to follow and you will have to fulfill many requirements. Rumors that the Siam Commercial Bank Phuket would give loans just staid being rumors. The only kind of loan you can get is when you buy from developers who are financially strong enough to let you pay in installments over a period they offer you. If the agent can interact with the seller and can work out a perfect payment plan for you and the ller agreed, you also could call it some kind of loan. In that case, the official owner’s documents will stay in the sellers name until you have paid the full amount. Price and the payment schedules broken down into something legible and will be incorporated into a purchase contract you can sign in a flash, with the back up from the agent and if needed by the lawyer.
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