Home Loan - Bellaire Financial Mortgage | Home Loans & Refinancing

Introduce

Real estate mortgage loan product for personal consumption

Objective

Resident customers
Stable monthly income with at least $2,000 / month
For individuals working for organizations (more than 10 people): working period at least 06 months at the current organization; or have an official labor contract and have at least 24 months of working experience up to the time of loan registration For household businesses and enterprises: operating period must be at least 24 months up to the time of loan registration
Age: From 18 years old to 70 years old (Applied for both Loan applicants and collaterals owners)

Product details

Loan preferential interest rate:
- Fixed interest rate for the first year: at least 5.7%/year
- Fixed interest rate for the first 2 years: at least 6.0%/year
- Fixed interest rate for the first 3 years: at least 6.4%/year
- Fixed interest rate for the first 5 years: the first 6 months: 6.0%/year, and the next 54 months 8.3%/year
Loan limit: Maximum 80% of collateral value
Loan period: Maximum 360 months

*Please contact your nearest Woori Bank Vietnam Branch for more information about preferential loan interest.

Collateral Conditions

Acceptable collateral is Real estate (the certificate of land use rights, ownership of  other land-attached assets – Pink Book, red Book) and owned by the borrower or relatives

Required Documents

Loan application request
Personal records of customer and guarantor (if any): Identification Card/Passport, Residence Confirmation, Marital Status Certification
Financial documents: Labour Contract, Bank account statement/Payroll sheet
Documents related to loan purpose:
- Purchasing house: Buying contract
- Building, repairing house: Construction permit issued by a competent authority
- Other purposes: Provide appropriate documents according to the case
Document related to collateral: Customer or third party’s certificate of property ownership

How to apply

Customer requests loan to BFM
BFM makes appointment and collect customer’s documents
As documents are approved, sign loan contract
BFM disburses as signed contract

Reference rates and fees

Fixed rates

Variable rates

Early Repayment fees

Fixed rates

After the Fixed Period, Variable Rate will be applied
Fixed Period (*)	Mortgage Loan (**)
06 months	5.50% p.a
12 months	6.50% p.a
24 months	6.99% p.a
36 months	7.99% p.a
48 months	8.49% p.a
60 months	8.99% p.a

(*) After the Fixed Period, Variable Rate will be applied.
(**) Mortgage interest rate might be lower if customer meet some conditions include: Premier, Payroll offers.

Variable rates