Mortgage refused at the last minute.

December 20th should have been a historic day in our lives. The day we officially purchased and took ownership of our first house. However, what should have been a time of celebration turned out to be one of the worst days of our lives as Tokyo-Mitsubishi UFJ Bank decided to screw us over by declining our request for a loan despite approving it two months previously. The paperwork had all […]

Getting ready to move

A few months ago, I posted about buying a house and getting a mortgage in Japan. There were times when I didn’t think it would be possible without a permanent residency visa, but eventually we managed it… and we move next week! If you’re thinking of buying a house in Japan, you might want to consider getting a mortgage through Mitsubishi Tokyo UFJ bank. They were the only bank that […]

Getting a mortgage in Japan

In What is Yakudoshi? I told you that Mami and I were looking for a house and being a foreigner, I might encounter some problems with getting a mortgage. This post is an update on that. Assuming I wouldn’t be able to get a loan from a Japanese bank because I don’t yet have permanent residency, we took a break from house hunting for a while. However, we still got […]

What is Yakudoshi?

Over the last few months, Mami and I have been seriously saving for a house. We’ve visited a few but have yet to find one we’re happy with. While I knew that I might encounter problems getting a mortgage, I figured that because she is Japanese we would be okay… but it looks like it won’t be that easy. Firstly, most banks won’t loan money to foreigners unless they have permanent […]