Foreigners who wish to purchase condominium in Thailand can now get assistance from Bangkok Bank, the first Thai bank to provide home loans to non-residents. Whether you want to be in the heart of the city or out in the provinces, we can help you become a homeowner.
Flexible Options
Bangkok Bank offers a range of loan options tailored to meet your needs. We offer flexible lending and attractively low interest rates.
- Borrow up to 70% of the condominium’s appraised value or up to US$800,000
Loans can be denominated in one of four currencies – US Dollars, Singaporean Dollars, Euros and Japanese Yen
Repayment term up to 20 years
Competitive interest rate options available
Loan approval within two weeks of application
Interest Rate Options (subject to change)
Loans in US Dollars :US Dollar Prime +0.5% per annum
Loans in Singaporean Dollars :Bangkok Bank Prime Lending Rate in Singapore per annum
Loans in Euros : Euro Prime +1% per annum
Loans in Japanese Yen :Japanese Yen Prime +1.25% per annum
Bangkok Bank is the first bank in Thailand to provide home loans to non-residents. We understand the regulatory requirements and can help you finance your property purchase. Talk to one of our staff about your dream home!
Fees
The processing fee for this loan is USD 1,750 or equivalent. USD 150 or equivalent of this fee is payable upon submitting the loan request, and the final portion of the fee USD 1,600 or equivalent is payable upon signing contract.
All other expenses such as legal, mortgage costs, valuation fee and fire insurance premium shall be borne by the borrower.
Required Documents
For faster and more efficient service, please bring the following documents with you when you apply for a loan at the branch.
1. Completed Mortgage Loan Application Form
2. Copy of I.D. card (front and back) / passport (essential pages)
3. Signed copy of your Sales & Purchase Agreement or Reserve Agreement
4. A reference letter from your existing bank, addressed to Bangkok Bank Public Co Ltd confirming your relationship with the bank, type of account you hold and the value of any loans or deposits you hold with the bank.
5. Your last six months worth of bank statements
6. A Credit Bureau Report from your country of residence
7. For employees: A letter from your employer, addressed to Bangkok Bank Public Co Ltd confirming your employment position, the number of years you have been employed and your salary, your last two years’ of Income Tax Returns and the last six months’ worth of computerized pay-slips
8. For Self-Employed individuals: The Balance Sheet Profit & Loss Statements from the last two years
9. Others documents upon request
Note:
- Approval of a loan is subject to the evaluation of an applicant’s financial standing, repayment ability and at the bank’s discretion.
- The terms listed above are subject to change without prior notice.
Applying for a Home Loan
Simply walk into any one of the following Bangkok Bank branches and talk to one of our Home Loan staff about owning condominium in Thailand.
Head Office Branch on Silom Road Tel. 0-2626-3084, 0-2230-1724, 0-2230-1036
Bukkhalo Branch Tel. 0-2468-3485
Chaeng Watthana Road Branch Tel. 0-2962-2518
Ratchathewi Branch Tel. 0-2216-1577
Bang Kapi Branch Tel. 0-2252-2888
Emporium Branch Tel. 0-2664-9291
Siam Square Branch Tel. 0-2251-8546
Singapore Branch Tel. (65)-6410-0406
E-mail Address: hl.sg@bbl.co.th
