Housing Loan
Home for Cash Loan

Home for Cash Loan

Fulfill your life with easy loan. Turn your home to fast cash for all- you need expenses
HIGHLIGHT Unique Features
HIGHLIGHT
จุดเด่นผลิตภัณฑ์
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To spend on your dream for all lifestyle‘s needs
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Pay for life insurance premiums
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Options of revolving loan and term loan available
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Easy Application for new and existing home loan customers

INTERESTS
&PERIOD
Interest and Period
The loan repayment period will not exceed the repayment period specified in housing loan agreement .
INTERESTS
&PERIOD
Interest and Period

A one-year repayment period will be annually considered renewal for good repayment history customer.
Credit Line:
  1. To be considered based on customers’ needs and repayment abilities;
  2. The total credit line including the existing mortgage loan balance ; home for cash loan amount will be following the criteria below :
    1. Term Loan (T/L)
      1. For general expenses: The credit line will be based on LTV (loan to value) ratio designated by the bank.
      2. For payment of life insurance premium : The credit line will not exceed actual premium paid. For the new customer, the extra 5 percent of the credit line can be requested, however the total loan amount must not exceed 105%.
    2. Revolving Loan (R/L)
      • Credit line available between minimum of 50,000 baht and 1,000,000 baht maximum but will not exceed 80% of assessed collateral value. The revolving loan is not to be used in payment for life insurance premium.
Remarks
For new housing-loan customers, credit limit for both 2.1 and/ or 2.2 is based on assessed collateral value or actual purchase/sale price, whichever is the lower applies.
  • In case of Term Loan (T/L) and Revolving Loan (R/L) together, total credit line based on LTV (loan to value) ratio will not exceed that stated in (2.1).
  • The maximum credit line for new mortgage loan customers will be upto 5 millions baht.
  • The existing housing loan customers ‘ total credit line of all loan types will not exceed 80% of the actual mortgage loan and maximum credit limit is at 5 millions baht.
Collateral:
  • The same collateral applied to mortgage loans is used in Home for Cash Loan.
Repayment Terms:
  • For Term Loan (T/L), equal amount of capital borrowing and interest to be paid monthly
  • For Revolving Loan (R/L), interest to be paid monthly.
Required Documents (Borrowers and Guarantors)
  1. A valid national identification smart card , a government officer ID card, a state enterprise employee ID card of both the borrowers and the guarantors.
  2. Copies of house registration proof of the borrower and joint borrower;
  3. Marriage/ Divorce/ Death Certificate of spouse of both the borrower and joint borrower;
  4. Official paper certifying change of name and/ or family name of the borrower and joint borrower (if any);
  5. Salary or income certificate from employer ,the most recent salary slip of the borrower and joint borrower (original copy required);
  6. Borrower’s and joint borrower’s bank statements (all existing bank accounts) at least three months back;
  7. Proofs of right for collateral asset (copy of Title Deed/ Nor. Sor. 3 Gor./ condominium unit);
  8. Purchase/ Sale Prospect Agreement, employment contract, construction blueprint, construction permit (if applicable);
  9. Receipts of the last three months installment payment from existing financial institutions, loan agreement, mortgage agreement in case of redemption request;
  10. Receipt of down payment;
The terms and conditions are subject to the bank discretion.