Loan Limit

• Minimum loan limit of Baht 500,000 and maximum loan limit of Baht 20,000,000
• Maximum Refinance loan limit is 100% from outstanding at current financial institution and must not exceed 90% of the appraisal value

For Applying an Extra Loan Limit

• Follow Guideline/Criteria of Home for Cash Loan

For selling price of the residence more than Baht 10.0 million

• Bank can offer maximum loan up to 70% of the selling price or the appraisal value, whichever is lower.

Loan Tenor

For TMB Re-Finance Home Loan of a house

• A maximum of 35 years and the sum of the tenor period and borrower’s age must not exceed 65 years.

For TMB Re-Finance Home Loan of a condominium unit

• a maximum of 35 years as of the date of issuance of the condominium unit title deed, Or. Chor. 2, provided that the sum of the tenor period and borrower’s age must not exceed 65 years.

For Applying Home Equity as an Extra Loan Limit

• Home for Cash - Term Loan
  - A maximum of 15 years and the sum of the tenor period and borrower’s age
    must not exceed 65 years.
• Home for Cash - OD
  - Bank will Revised Credit Line annually weather to continue or stop if not follow
    Bank’s criteria

Terms of Service

Borrower’s Qualifications

• An individual with Thai nationality
• Minimum Age 20 and over
• The sum of tenor and the borrower’s age must not exceed 65 years.

Employment Period

• Company Employee / Government Official / Private Enterprise Officer: minimum 6 months employment period within the same company
• Business Owner or Partner / Shareholder: 2 years minimum business operation in Thailand

Income

• Salaried earner: a minimum of Baht 15,000 per month, and a minimum income of all borrowers of Baht 20,000 per month
• Business Owner: at minimum of Baht 20,000 per month

Fees

• Registration fee 1% or maximum of Baht 200,000 will be waived*
• Appraisal fee will be waived only when appraised by Bank’s appraisal department agent.
• Pre-payment fee of 3% of the loan amount (minimum 2,000 Baht) will be charged, in case of refinance to other financial institution within first 3 years.
• Other fees shall be according to the Bank’s announcement.

Interest Rates

• according to the Bank’s notifications
  *Bank will transfer the registration fee amount to customer bank’s account which opens with TMB within 7 working days since the date customer signed mortgage contract at land department. If customer close mortgage loan within 5 years, Bank has a right to collect the registration fee 1% back from customer before closing loan.

Required Documents

Documents required in applying for TMB’s loan products of all types include:

Documents required	Salaried Earners	Business Entrepreneurs
1. General documents
A copy of national ID card / government official ID card / state enterprise employee’s ID card
A copy of house registration certificate (all pages)
2. Income Verification Documents
Salary confirmation letter (most recent 2 months) and a pay slip
A copy of bank statement of the account to which monthly salary is transferred
A copy of Bank statement of other account showing savings during the past 6 months
A copy of business registration certificate (most recent 6 months) / A copy of trade registration certificate
A copy of the list of shareholders (most recent 6 months)
A copy of corporate income tax form (Phor. Phor. 30) of the most recent 6 months
A copy of bank statement of the account used for business in the borrower’s name and the business name
Document showing ownership of business premises / lease agreement
3. Additional Documents
A copy of title deed / Ownership Document of the condominium unit (actual size)
A copy of the Agreement Buying and Selling / Buying-Purchasing Agreement
A copy of down payment / deposit (if any)
4. In case of refinance from another financial institution
Receipts of loan repayment of the most recent 6 months
A copy of the loan agreement / a copy of the mortgage agreement