Interest

Period

• Up to 30 years (applicant’s age combined with repayment period must not exceed 70 years)
• O/D loan subject to annual renewal
  

Fees / Expenses​

• 3,000 Baht appraisal fee!
  

Nationality

• Thai

Age

• Be at 20 years of age and older

Income

• For an individual borrower, their net income must not be less than 15,000 Baht/month. For joint borrowers,​the combined income of both the principal borrower and co-borrower(s) must not be less than 15,000 Baht/month.

Duration of Employment

• Fixed income earners must have at least 6 months. 
  
• Business owners / Self employed must have been in their current businesses for at least 1 year

Others

• The number of borrowers in total cannot exceed 2 persons, and they must have a kinship (except for spouses who not registered their marriage)
• Borrowers are not required to own the home. If the borrower is not the homeowner, they must have a family relationship with the homeowner, such as parents, child, or spouse (registered or non-registered with child). ​
  

Fixed Income Earners

• Payslip (not more than 3 months old) or an income certificate (not more than 3 months old) and / or a bank statement for the past 3 months

Retired Officials

• A pension card or a pension payment cover letter or a bank statement for the past 3 months showing monthly pension payments credited to an account

If the applicant has other income, he or she must submit the following additional documents:

• A bank statement for the past 6 months or a withholding tax certificate (50 bis) showing income for the past 6 months

Business Owners

• A bank statement for the past six months (in the name of an individual or juristic person)
• Other relevant income documents

Self-employed Applicants

• A bank statement for the past 6 months or a withholding tax certificate (50 bis) showing income for the past 6 months
• Other relevant income documents

Refinancing from Other Financial Institutions

The collateral for refinancing must be the same loan type as the K-Home Equity loan.

• Evidence of installment payments on the current housing loan or home loan statement for the past 1 year at least
• Copy of any applicable mortgage contract with the former financial institution
• Copy of any applicable mortgage contract with the former financial institution

Business Owners and Self-Employed Applicants

• Copy of Commercial Registration Certificate (for business owners)
• Copy of Juristic Person Registration Certificate issued by the Ministry of Commerce / Memorandum of Association not older than 6 months (for juristic persons)
• Copy of lists of shareholders’ names, not more than 6 months old (for CL and PCL)
• Professional ID card / income tax receipt (for self-employed applicants)
• Financial statement (if you want to bring revenue into consideration)