My wife and I bought a German house ~5 years ago, we took out 50% of the loan in CHF and 50% of the loan in Euro (I work in CH, she works in DE, and we actually now live in CH and rent the house in DE). We paid off the Euro part and went to refinance the CHF part with UBS, and we have investments in UBS actually greater than the loan we are taking (i.e. this is a very low risk loan). At the last minute I was told by UBS they no longer offer loans to US citizens, as the security for the loan would be the house and a US citizen is 50% owner.

Has anyone heard of this? Anyone at UBS can debunk or confirm this? I was completely shocked by this.

Thanks for any help!