Top 5 best banks for home and land loans in Vietnam today

VPBank is a leading lender in real estate loans, with a significant share in housing and land projects. With over 15,500 billion VND in outstanding loans, representing 8.5% of the bank's total loan portfolio, VPBank has built a strong reputation for providing top-notch credit products. Most customers seeking home loans today trust VPBank, which offers some of the lowest interest rates in the market. Other convenient features include:

• 100% financing for home or apartment purchases up to 75% of the property value, with a maximum loan of 20 billion VND
• Loan term for homes and apartments up to 25-35 years, depending on the project
• Repayment for property purchase and debt settlement with the seller up to 12 months from the issuance of the property certificate
• Loan options available for relatives
• Loan support for properties with or without ownership documents, including newly built apartments and housing projects
• Accepting collateral that is formed from the loaned capital
• Flexible income policy for all customers
• Acceptable income sources: salary, business income, property rental...
• Professional advice from VPBank customer relationship officers

Contact Information:

Address: 89 Lang Ha, Dong Da District, Hanoi

Phone: 1900 545415 & 0243.9288869

Fax: 0243.9288867

Email: [email protected]

Facebook: https://www.facebook.com/VPBank/

Website: https://vpbank.com.vn/

Techcombank is one of the top banks with favorable loan policies and a high loan portfolio. Currently, Techcombank has 166.7 trillion VND in outstanding loans, nearly 6,000 billion VND more than at the beginning of 2018. The bank allocates 20,000 billion VND for real estate loans, assisting customers in purchasing homes, apartments, or pursuing other real estate-related plans.

Real estate loans have always been a key area for Techcombank, making up over 15% of their total portfolio. This bank is one of the top 5 real estate lenders with a loan share above 10%. Techcombank also offers one of the most diverse home loan packages on the market, with loan terms extending up to 25 years.

Benefits:

• Unlimited loan amounts
• Attractive interest rates starting from 7.99% per year with flexible repayment terms
• Ability to use the property being purchased as collateral
• Fast approval process, eliminating income proof requirements
• For loans above 1.5 billion VND:
• Floating rate loan packages: No early repayment fees from the second year
• Fixed interest rate for 12 months: For customers who have paid off a real estate loan at Techcombank within the last 12 months, they can access special offers for new real estate loans
• 0.5% annual interest rate reduction or 1% reduction in early repayment fees for loans above 5 billion VND
• Fixed 7.99% interest rate for 12 months, with competitive floating rates afterward

Contact Information:

Address: Techcombank Tower, 191 Ba Trieu, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi

Phone: +84 (24) 3944 6368 & 1800 588822

Fax: +84 (24) 3944 6395

Email: [email protected]

Facebook: https://www.facebook.com/Techcombank

Website: http://www.techcombank.com.vn/

BIDV is one of the most trusted banks in Vietnam’s credit and loan market. BIDV offers attractive loan policies for home purchases, construction, renovation, and home improvements, with flexible loan terms.

By the end of 2018, BIDV’s real estate loan portfolio reached 37.5 trillion VND, making it one of the banks with the largest loan amounts in the market. Despite this, BIDV’s outstanding loans represent just over 4.2% of the bank’s total lending portfolio, as it holds the largest share in the system.

BIDV offers highly favorable home loan packages, allowing customers to borrow up to 100% of the property’s value. The loan term extends up to 20 years, and the bank’s loan application process is praised for its simplicity and efficiency. BIDV provides customized repayment options, with monthly, quarterly, semi-annual, or annual principal payments based on the customer’s preferences. Loans are secured by the property itself or other assets, and the bank may combine different forms of collateral.

Benefits:

• Simplified loan application process
• Professional and attentive customer service
• Interest calculated on a reducing balance
• Loans up to 100% of the property value
• Loan terms up to 20 years
• Flexible repayment options (monthly, quarterly, semi-annual, or annual)
• Secured loans with collateral, either from the property or other assets

Process:

Step 1: Contact BIDV, register loan needs via branches, hotlines, or website, and provide required loan documents as per the bank's guidelines.
Step 2: BIDV reviews the loan application and notifies the customer of the decision within the specified timeframe.
Step 3: Sign contracts and complete necessary formalities, including notarization and registration of collateral (if applicable).
Step 4: Loan disbursement or issuance of guarantees.
Step 5: Coordinate with BIDV to ensure loan utilization is in line with the agreed terms and make payments on time.

Contact Information:

Address: BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi

Phone: 19009247 & (+84-24) 22200588

Fax: (+84-24) 22200399

Email: [email protected]

Facebook: https://www.facebook.com/BIDVbankvietnam/

Website: https://www.bidv.com.vn/

Vietcombank is one of the largest real estate lenders in Vietnam, offering various preferential loan packages for individuals wishing to buy homes, renovate, or invest in high-end properties. Vietcombank provides loans up to 70% of the property value with full collateral or up to 100% if secured by other assets.

Vietcombank ensures that the early repayment burden is low with flexible loan repayment options tailored to the borrower’s income. Clients applying for home or real estate loans at Vietcombank receive personalized advice and the best available services.

Benefits:

• Flexible loan terms of up to 15 years
• Loans up to 100% of the property’s purchase value
• Repayment options: monthly interest payments; monthly or quarterly principal payments
• Interest calculated on a reducing balance basis
• Competitive interest rates
• Quick and simple application process
• Fast loan approval time

Contact Information:

Address: 198 Tran Quang Khai, Hoan Kiem, Hanoi

Phone: 024 3934 3137 & 1900 54 54 13

Fax: 0243 8269 067

Email: [email protected]

Facebook: https://www.facebook.com/ilovevcb/

Website: http://www.vietcombank.com.vn/

Sacombank has a loan portfolio exceeding 42 trillion VND in real estate lending, which has steadily increased by 3 trillion VND since early 2018. Despite this growth, the bank's real estate lending now accounts for only 17% of its total loan portfolio, which means real estate loans make up over 10% of its current total lending. Sacombank partners with several leading property developers and finances numerous projects, offering loans of up to 100% of the property value. Notably, Sacombank accepts collateral in the form of rights to real estate transfer or sale contracts.

Sacombank offers the longest loan terms in the market for real estate projects.

Benefits:

• Collaterals can include property formed from the loan itself
• Long loan terms help ease repayment pressure
• Provides effective financial advice
• Ensures protection of parties with intermediary payment services
• Loan amounts up to 100% of the property purchase or transfer value
• Loan terms up to 25 years

Contact Information:

Address: 266 - 268 Nam Ky Khoi Nghia, Ward 8, District 3, Ho Chi Minh City

Phone: (+84) 28 39 320 420 & 1900 5555 88 & 0888 5555 88

Fax: (+84) 28 39 320 424

Email: [email protected]

Facebook: https://www.facebook.com/SacombankHome/

Website: https://www.sacombank.com.vn/