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 ASIA
Mortgage Link
Increase
cash flow is easy if you already own a home.
Promotion
Special Promotion rate for fixed term loan
Special Promotion rate for fixed term loan
Effective from 1-Oct-05 to 31-Dec-05 and must have mortgage registration not later than 31-Jan-06
- MLR -0.50% p.a. (Subject to a minimum of 5.75%)
Interest Rate for Overdraft Loan (O/D)**
Remark : **Interest is calculated only from the amount borrowed and the length of days outstanding
Features
A floating rate overdraft credit line or a fixed term loan or combination
of fixed term loan and overdraft credit line, with chequebook access
through a current account, for homeowners to utilize the equity
in their residential properties. Acceptable properties are single
houses, twin houses, townhouses and residential condominiums.
Whether you own a residential property or a mortgaged home with
other another institution, you can have 24-hour reserved cash with
the following privileges:
- Maximum credit of 75% of apprasied value
- Minimum loan amount is Bt. 300,000 and maximum at bt. 10,000,000
- Choices are yours to choose among an overdraft credit line,
a fixed term loan and a combination of an overdraft credit line
and a fixed term loan. For a fixed term loan, tenor is up to 15
years (10 years for a condominium).
- Easy access through an ATM card and cheque which can be cashed
at any BOA counter.
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- Thai nationals
- Minimum salary of 30,000 Baht/month
- At least 2 years of working experience (3 years if self-employed)
- At least 21 years old, Age+loan duration :
- must not exceed 60 Yrs. for Salaried income
- must not exceed 65 Yrs. for Self-employed and Government Sector
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Personal documents of the applicant. |
Collateral related documents |
Financial documents. |
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Identification card
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Household registration
- Marriage license
or letter of divorce (if any).
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Letter of change of name orsurname (if any).
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Identification card and household registration of spouse
(if any).
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Every page of the title deed to property.
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Purchase and Sale Agreement of property. (Tor Dor. 13)
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Letter of permission to construct and request for house
number
(in case that you submit the request to construct by yourself)
- In
the case of refinancing from another financial institution:
- Payment records for the past 12 months
- Loan and mortgage documents
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- Latest
salary pay slip and letter of employment (original copy)
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Bank statements for the past 6 months
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For self-employed only:
- Business registration
- Letter of certification from the Ministry of Commerce.
- Corporate affidavit.
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Contact
For
more information, please contact :
Asia Phone: 0-2285-1555, 24 hours.
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