I have seen a property in India, and I am planning to buy it. The total cost is $105k, out of which I have $30k of my own. The remaining $75k needs to be financed somehow. I can get a loan in India, but I do not want to deal with currency fluctuations since I work in the US. I have spoken to a few banks here, but they only finance property within the US & Virgin Islands.
I have been working here since a year, and draw a salary of $5k monthly after taxes. My credit score is 735(the last time I checked) and I have maintained a credit history since 2.5- 3 years. I also had bought a new car 6 months ago financed at 1.9% for 5 years(Got it quite easily) and have been making payments on it regularly. My total limit on both my credit cards(Never asked for a raise) is a little more than $6k and making payments(Mostly in full) regularly and on time.
I would just like to explore my options here. Should I apply for a personal loan or a line of credit? What are my chances of getting one of these since I don't want to hurt my credit score by being turned down. Or are there any other options?
Any help would be greatly appreciated.