Mortgage Loan

Own a house or land? Start your loan today

Mortgage loan · house
land, condo

Borrow easily against the property you own
Start talking to ThaiAce Capital today

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Approval and credit limits are subject to the Company's conditions

Mortgage Loans - House, Land, Condo

Home equity loans, loans to buy a new or second-hand home, or loans secured on your office or factory

Collectively known as a home equity loan, this is a loan for borrowers who hold the title deed to a property, whether fully paid off or still under instalments. Offices, houses, condominiums, commercial buildings and vacant land, in Bangkok or the provinces, can all be used as collateral. Applicants may be individuals or businesses.

Highlights of our home equity loan

  • High loan amounts, subject to the Company's conditions
  • Easy approval, with a preliminary result within 2 days
  • Borrowers over 60 can still borrow from the Company
  • No occupation requirements: anyone in any line of work can borrow
  • Credit bureau issues or turned down by a bank? You can still borrow
  • Repayment terms from 12 months up to 120 months
  • For companies and partnerships, there is no minimum number of years in business

How to apply for a home equity loan

  • Prepare the documents listed under required documents
  • Submit your loan application at the Company
  • Receive the approval result
  • Sign the agreement at the Company and set a date to register the mortgage at the Land Department
  • The borrower, co-borrowers and Company staff meet at the Land Department to register the mortgage, and the loan cheque is handed over the same day

Documents required for a home equity loan

  • Copy of ID card or civil servant card, and copy of house registration
  • Copy of passport and work permit (for foreign nationals)
  • Latest monthly pay slip (original) *If no pay slip is available, a salary certificate from your employer (not older than 2 months)
  • For the self-employed, documents showing your source of income
  • Copy of the first page of your bank passbook and bank statements for the last 6 months (all accounts)
  • Collateral documents, such as the title deed and sale agreement

Terms and conditions

  • The approved amount is at the Company's discretion, based on each applicant's qualifications
  • Approval of an application and/or the credit limit and/or the interest rate granted depend on the application documents and/or the internal terms and conditions of ThaiAce Capital Co., Ltd. Any such approval is at the sole discretion of the Company
  • In the event of default on any or all instalments, the Company is entitled to charge interest for the period of default at a rate the Company considers appropriate, not exceeding the maximum rate the Company may lawfully charge
  • Borrowers can receive a preliminary approval result when they submit the loan application with complete documents in person at the office of ThaiAce Capital Co., Ltd. during business hours
  • The Company reserves the right to apply its internal criteria and policies in approving a credit limit or rejecting a loan application, including the approval of any special interest rate. If at any time and for any reason the borrower is found not to meet the criteria and conditions set by the Company, the borrower agrees that the Company may change the interest rate and facility fee payable by the borrower to the Company, provided that the combined interest rate and fee shall not exceed the maximum rate permitted by law

Service charges and fees

Loan application fees and other expenses
  • The loan fee is not more than 5% of the loan amount
  • Collateral survey and appraisal fee (when surveyed and appraised by the Company): charged at actual cost
  • Collateral survey and appraisal fee (when surveyed and appraised by an external appraiser): as charged by the external appraisal company
  • Fire insurance and credit protection insurance premiums: as charged by the insurance company
  • Registration work with government offices in Bangkok and its vicinity: THB 5,350; for multiple title deeds/registrations, an additional THB 1,070 per title deed/registration
  • Registration work with government offices outside Bangkok and its vicinity: THB 5,350 plus travel expenses at actual cost; for multiple title deeds/registrations, an additional THB 1,070 per title deed/registration
  • Debt collection charges, when overdue or accumulated due debt exceeds THB 1,000 and the agreement remains legally in force: THB 50 per billing cycle for one overdue instalment and THB 100 per billing cycle for more than one overdue instalment
Government charges
  • Stamp duty at 0.05% of the loan amount, up to a maximum of THB 10,000
  • Mortgage registration fee at 1% of the mortgage amount, up to a maximum of THB 200,000, for land only
The Company reserves the right to approve or reject any loan application in accordance with its criteria and policies
Interest rates and fees
Interest, penalties, service charges and any other fees Not more than 15% per year