To meet the needs of individuals wishing to buy, build or renovate houses or apartments, VIBank offers a lot of types of loan for your choice:

       Loan to buy a new apartment or a standard house in a completely new urban or a under-construction building block..

       Loan to buy a used house at the downtown of your place

       Loan to finance the house construction or renovation

Benefits:

-          Loan term up to 180 months if the collateral is the buying house/apartment and 120 months incase of other collaterals

-          Loan amount up to 70% property value if  the collateral is the buying house/apartment and 80% incase of other collaterals

-          Flexible and adjustable interest rate according to VIB Bank’s lending policies.

-          Various payment methods like: installments, quarterly or monthly payment.

-          Collateral: buying property or other moveable assets

Requirements

-          Individuals with permanent residency or temporary residency in a location with a VIB Bank branch.

-          Financial capacity and income to guarantee loan repayments.

-          Collateral or third party guarantees.

Application Documents:

-          Copies of ID card, permanent/temporary residential certificate of the borrower and his/her spouse.

-          Copy of Marital status Certificate.

-          VIB Bank loan application form and repayment schedule.

-          Documents proving the purpose of the loan (home purchase contracts, home construction and repair license, home construction contracts, etc.).

-          Documents proving financial capacity for repayment.

-          Certified copies of certificates showing ownership of collateral and other relevant documents (as required).

      Plus service: Get the Bank do all procedures of the property’s transfer from the Buyer to the Seller (payment, house title,…)