Credit Limit - no more than 85% of appraisal value
No more than 40 times a buyer's monthly salary plus 15 times other income - self-employed approximately 40 times monthly income .
Loan Term
Maximum - 30 years
Borrowers age plus loan term must not exceed 70 years
Documents Required
Loan Application
Documents
In the case of co-borrowers, each must submit own applications and all required personal and financial documents
Expenses
Expenses at GHB
Expenses at GHB
Loan of less than Bt500,000 - collateral appraisal fee of Bt1,700 per location
Loan of Bt500,001 - 3,000,000 - collateral appraisal fee of Bt2,200 per location
Loan of more than Bt3,000,000 - collateral appraisal fee of Bt2,500 per location
Expenses to check housing construction,expansion or repairing - Bt600 per time
Costs for lien registration and legal transaction
Bt500/ person at Land Office (Bangkok) or
Bt600/ person at Land Office (surrounding areas) (or more at the bank's consideration) Payable on transaction date
Expenses payable at Land Office - payable on lien registration date
lien registration - 1% of amount borrowed
Expenses payable at Land Office - payable on lien registration date
