UOB International Home Loan - Thailand
Own Your Dream Condo in Thailand

Frequently Asked Questions

Q1. What are the benefits of a UOB International Home Loan-Thailand?
Q2. What type of properties can I purchase with the loan?
Q3. What are the interest rates offered?
Q4. What is the maximum loan amount that I can borrow?
Q5. What is the maximum loan repayment period?
Q6. Is there any fee involved in the loan application?
Q7. Can I get an in-principle approval for my loan?
Q8. Are there any cancellation charges?
Q9. Am I allowed to do a loan prepayment?
Q10. Do I have to pay for expenses such as legal fees, valuation fee, fire insurance or any other charges?
Q11. Am I eligible?
Q12. How do I apply?
Q13. Who can I contact to take up the UOB International Home Loan-Thailand?

 

Q1. What are the benefits of a UOB International Home Loan-Thailand?
  • Financing of up to 60% of the purchase price or valuation price (whichever is lower)
• Attractive interest rates
• Choice of loan currency: SGD or USD
• Repayment period of up to 20 years
   
Q2. What type of properties can I purchase with the loan?
  Freehold condominiums for owner occupation purposes in Thailand.
   
Q3. What are the interest rates offered?
 

• Loan in SGD: SGD Prime Lending Rate (currently 5.00%) + 2% = 7% p.a.
• Loan in USD: USD Prime Lending Rate (currently 3.25%) + 2% = 5.25% p.a.

   
Q4. What is the maximum loan amount that I can borrow?
 

The maximum loan amount that you can borrow is up to 60% of the purchase price or valuation price (whichever is lower). In terms of dollar value, the maximum loan amount is SGD 650,000 or USD 420,000.

   
Q5. What is the maximum loan repayment period?
  The maximum loan repayment period is 20 years or up to the point when the borrower with the highest income turns 65 years old.

For example, if the borrower with the highest income is 50 years old now, the maximum loan repayment period is 15 years.
   
Q6. Is there any fee involved in the loan application?
  A processing fee of SGD 3,000 or USD 2,000 is payable upon the acceptance of letter of offer.

For amendment of loan application/re-processing after the approval of the facility, an amendment fee of SGD 150 or USD 100 will be applicable.
   
Q7. Can I get an in-principle approval for my loan?
 

Yes, you can obtain an in-principle approval for your loan that is valid for three months from the approval date. This is subject to a fee of SGD 100 or USD 100 and only one in-principle approval will be granted for each application.

   
Q8. Are there any cancellation charges?
  The cancellation fee is 1.50% of the approved loan amount.
   
Q9. Am I allowed to do a loan prepayment?
  Prepayment of loan is allowed, subject to a flat fee of 1.50% of the prepaid loan amount.
   
Q10. Do I have to pay for expenses such as legal fees, valuation fee, fire insurance or any other charges?
  All expenses including legal fees, mortgage costs, remittance charges, annual valuation fee and fire insurance premium shall be borne by the borrower(s).
   
Q11. Am I eligible?
  UOB International Home Loan – Thailand is open to citizens/permanent residents of Singapore and Malaysia aged 21 and above with a minimum income of USD 65,000 or SGD 100,000 per annum.
   
Q12. How do I apply?
  To apply, please complete the UOB International Home Loan Thailand application form and submit it with the following documents:
  1. Copy of NRIC (front and back)/Passport (with valid expiry date) of all applicants
  2. Signed copy of the Sales & Purchase Agreement (Reserve Agreement)
  3. Original income documents:
    • For Salaried: - Employer's letter addressed to UOB confirming position, years of service and remuneration OR - Recent Income Tax returns OR - Latest computerised pay-slip OR - Latest 6 months' bank statements
    • For Self-employed: - Company registration AND - List of shareholders AND - Latest 6 months' bank statements And - Recent 2 years' Income Tax returns
  4. Standby Letter of Credit (SBLC) Application Form (from Bank)
  5. Consent form for credit bureau checks for applicants residing in Thailand (if applicable)
  6. Deed poll/certificate of name change (if name differs from NRIC/Passport)
  7. Other documents upon request
Q13. Who can I contact to take up the UOB International Home Loan-Thailand?
  In Singapore, please call our 24-hour customer service hotline at 1800 222 2121 (Singapore)/ (65) 6222 2121 (International) now.

In Thailand, please contact the following UOB (Thai) branches:

Amarin Plaza Branch
500 Amarin Plaza 1st Floor
Ploenchit Road Pathum Wan
Bangkok 10500

Tel: 0-2252-6292-3 / 0-2251-8579 /
0-2251-0896 / 0-2256-9045-6
Fax: 0-2252-7871

Business Hours:
Mon-Fri 08:30-17:00


Sathorn 1 Branch
191 South Sathorn Road Sathorn
Bangkok 10120

Tel: 0-2343-3000
Fax: 0-2287-2973-4

Business Hours:
Mon-Fri 08:30-15:30
Sathorn 2 Branch
179/3 Bangkok City Tower
1st Floor South Sathorn Road Sathorn
Bangkok 10120

Tel: 0-2679-5700-2
Fax: 0-2679-5703

Business Hours:
Mon-Fri 08:30-15:30


Sukhumvit 25 Branch
1 Ban Chang Glass House Building
1st Floor Sukhumvit 25 Road Klong Toey
Bangkok 10500

Tel: 0-2258-0270-1 / 0-2258-9330-2
Fax: 0-2258-4582

Business Hours:
Mon-Fri 08:30-15:30


Sukhumvit 26 Branch
690 Sukhumvit Road, Klong Toey,
Bangkok 10110

Tel: 0-2620-3888-90
Fax: 0-2260-5312

Business Hours:
Mon-Fri 08:30-15:30
 

Terms and conditions apply.

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