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:
Credit Limit up to 75% - 85% of
appraised value
Minimum loan amount is THB 500,000 and maximum at THB 20,000,000 (THB 5 – 10 million for upcountry)
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).
For accessible through an ATM card
or cheque which can be cashed at any UOB counter.
Applicant Requirements
Thai nationality.
Minimum salary of THB 30,000 per 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
Supporting Documents
Personal documents of the applicant.
Collateral related documents
Financial documents.
Identification card
Household registration
Marriage license or letter of divorce
(if any).
Letter of change of name or surname
(if any).
Identification card and household registration
of spouse
(if any).
Every page of the title deed to property.
Purchase and Sale Agreement of property. (Tor
Dor. 13)
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
Latest salary pay slip and letter of employment
(original copy)
Bank statements for the past 6 months
For self-employed only:
- Business registration
- Letter of certification from the Ministry of Commerce.
- Corporate affidavit.
Remark : The
Bank reserves the right to change these and any other conditions
without prior notice. Contact : For more information, please contact : UOB branch or directly call0-2620-2020
