With competitive interest rates matching a suitable loan term, VietinBank programs of “Loans for housing project” support customers to buy houses quick and easy.

Terms to borrow

• Have legal capacity and individual capacity in accordance with current laws, and younger than 65 years old at the end of the loan term;
• Have legal residence book or registered residence book (for more than one year) in the same province/city with the lending unit of VietinBank;   
• Have stable minimum income of 5 million VND per month;    
• Qualify for house ownership certificate in accordance with current laws;
• Buy houses in projects where the housing project owner has an affiliation with VietinBank;  Accept the terms and conditions of the affiliation agreement between VietinBank and the housing project owner.
• Put in at least 30% of the house’s value.
• For installment loans, customers also need to satisfy the following requirements:
  • The loan contract specifies the right of the customers to buy a house in the housing project as agreed by the housing project owner;
  • The customers are verified by the housing project owner to be in the 20% of those who are permitted to buy houses and put in advance the funds required by the law.
  • The customers are verified by the housing project owner to be in the 20% of those who are permitted to buy houses and put in advance the funds required by the law.

Product Benefits

• Lending currency: VNĐ
• Loan limit: up to 70% of the house purchase contract depending on each house position and customers’ income.
• Loan payment method: the principal and the interest can be paid back monthly or up to per three months. The total pay-back amounts for the first 8 years have to equal at least 50% of the total loan amount.
• Loan term: up to 20 years for adjacent apartments and 15 years for flats.
• Loan collateral: can be the purchased house.

Rates and Fees

• Lending interest rates: use floating interest rates, based on consumption loan interest rate schedule currently applied at Vietinbank.
• Fees: are collected in accordance with the current fee schedule of Vietinbank. 

Loan Application

• Copy of National ID Card/Passport; Legal residence book/registered residence book;
• Loan Request form provided by Vietinbank;
• Original copy of house purchase contract where the buyer is the customer. 
• Original copies of payment receipts issued by the housing project owner proving of funds customers have put in the purchased houses. 
• Verification documents of income and other sources to pay back loans. 
• Other relevant documents. 
   

Own a house in VietinBank affiliated housing projects! Customers enjoy competitive interest rates with suitable loan terms, making it an easy and quick way to own a house.

Terms to borrow

• Have legal permits.
• Allowed by laws to buy houses.
• Be the buyer on all house purchase contracts/investment contracts/funds requirement contracts (in general, house contracts) or the contract issued by the housing project owner.
• Put in at least 30% of the house value.
• Accept the terms and conditions in Affiliation Contract between VietinBank and the project owner.
• During installment payment period, customers need to satisfy the following requirements:
  • The house purchase contracts state the right of customers to put in funds for housing investment and therefore to buy the house in the housing projects;
  • Customers can buy houses in the 20% of the houses legally permitted for sale for the project owners (who verifies this right in a document);
  • Customers put in at least 50% of the total value of the house contract.

Product Benefits

• Lending currency: VNĐ
• Loan limit: depending on each house location and customers’ income, this loan limit could equal no more than 70% of the house contract.
• Loan payment method: The principal/interest could be paid monthly or once every three months. The total amount paid during the first 8 years have to equal at least 50% of the borrowed funds.
• Loan term: up to 20 years for houses, and adjacent apartments; up to 15 years for flats.
• Disbursement: Have a simultaneous plan for disbursement depending on customers’ put in equity.

Rates and Fees

• Lending interest rates: use the agreed rates which can be adjusted during the loan term in accordance with the consumption loan rate schedule of VietinBank for each period. 
• Fees: are collected in accordance with the current fee schedule of VietinBank..

Loan Application

• Loan request form provided by Vietinbank.
• National ID Card/Passport, legal residence book/registered residence book and marital status verification documents. 
• Verification documents of customers’ income and sources to pay back the loans. 
• Fund contribution contract/ Investment cooperation contract/ Other house contracts between customers and the housing project owner in accordance with laws/ House purchase contracts, cash submission receipt. 
   

VietinBank’s Programs are available to lend customers to buy houses with land use rights.

Terms to borrow

• Under 60 years old for men and 55 years old for women at the end of the loan term;
• Have minimum income of 3 million VND per month;
• Eligible for house ownership certificate in accordance with laws;
• Put in at least 20% of the house contract value (for short term loans) and 30% of the house contract value (for medium and long term loans).
• Have no other loans to buy houses or for consumption at the lending unit of VietinBank at the same time of borrowing to buy houses including land use rights.

Product Benefits

• Lending currency: VNĐ
• Customers could initiate to borrow funds from VietinBank in the middle of the purchasing process of houses, land use rights.
• Loan limit: depending on the loan term, house location, customers’ income, the maximum loan limit could be 70% of the house purchase contract (for medium and long term loans) and 80% of the house purchase contract (for short term loans). If collateral for the loan is savings books/accounts, valuable papers issued by organizations accepted by VietinBank for each period, the loan limit could be 100% of the total required funds.
• Customers could borrow to cover the amounts already paid for the house and land use right.
• Loan term: up to 15 years.
• Loan collateral: use the purchased house and land use right.

Rates and Fees

• Lending interest rates: use agreed rates that are no less than consumption loan rates currently applied at VietinBank and adjusted at least once every 6 months.
• Fees: are collected in accordance with the current fee schedule of VietinBank.

Loan Application

• National ID Card/Passport, legal residence book/registered residence book 
• Loan request form provided by Vietinbank;
• House purchase contract including land use right agreement with the project owner;
• Verification documents of sources to pay back loans.  
   

VietinBank programs to lend customers for house construction and repair purposes will satisfy all customers’ need with very active and competent staff.

Terms to borrow

• Have legal capacity and individual capacity;
• Have legal residence book in the same province/city with the lending unit of VietinBank;
• At the time of loan evaluations, the customers do not have bad loans at any other credit organizations;
• Have full collateral for the loan;
• Have stable income sources to commit to pay back the loan in due term;
• Put in at least 40% of the total required funds;

Product Benefits

• Simple and convenient procedures;
• Lending currency: VND
• Loan limit: depending on the required borrowed amounts, customers’ sources for pay back, and the value of the collateral. However, the maximum loan limit is 60% of the total required funds and does not exceed the ratio of loan to collateral used at VietinBank. If the collateral is savings book/account, or valuable papers, the loan limit could be up to 100% of the total required funds.
• Loan term:
  • For house construction: up to 10 years  
  • For house repair: up to 5 years
• Loan payment method: Flexible, depending on customers’ income sources;
• Lending interest rates: use agreed rates which can be adjusted during the loan term.

Loan Application

• Loan request form and pay back plan form provided by VietinBank;
• National ID Card/ valid Passport, legal residence book of customers (copies);
• Permit to carry out house construction/repair;
• Permit to carry out house construction/repair;
• Other relevant documents. 
   

This program satisfies customers’ need to purchase houses/land use rights, to construct or repair houses for living or renting purposes to increase income and cover living costs for customers.

Terms to borrow

• Have business license to rent houses. If at the time of the loan being made for customers, this license is not yet available, customers shall commit to present the license at least within 30 days after the date on which the house registration is issued or after the house is finished with construction/repair. 
• Loan purposes: to pay for all legal costs in purchasing/renting houses.
• Loan proposal is feasible to ensure paying back the principal, interest, and fees in due term;
• Have stable income (excluding rents) of at least 3 million VND per month and commit to use this income and house renting revenues to pay back the loans.
• Customers put in at least:
  • 20% of the total required funds for short term loans;
  • 30% of the total required funds for medium and long term loans.
• Customers open current accounts/ATM card accounts with VietinBank and commit to use most of the renting revenues to pay back the loans through the above-mentioned accounts.

Product Benefits

• Lending currency: VNĐ
• Loan limit: Up to 80% of the house contract value.
• Loan method: per time loan or installment loan.
• Loan term:
  • Up to 05 years for house repair 
  • Up to 07 years for house construction
  • Up to 10 years for such cases as : 
    • Loans to buy houses and land use rights; or
    • Loans to buy houses, land use rights and for house construction/repair.
• Loan collateral: can be the purchased house.

Rates and Fees

• Lending interest rates: use floating interest rates, no less than the current consumption loan rates currently applied at Vietinbank.
• Fees: are collected in accordance with the current fee schedule at VietinBank.

Loan Application

• National ID Card/ valid Passport or other legal documents for the customers and related parties (spouses, if any).
• Legal residence book/Registered residence book and marital status documents (if any). 
• Business Registration Certificate (if any). 
• Credit limit request form/ Credit limit supplement request form, loan request and loan proposal and the loan evaluation report as provided by Vietinbank.
• Credit contract form as provided by Vietinbank. 
• Income sources verification documents for those sources outside the revenues generated from the borrowed funds. 
• Other relevant documents.