Sacombank offers preferential interest rates for home buyers, principal payment exemption for up to 5 years

Sacombank has just launched two new financial solutions called “Z Home” and “Prime Home”, to meet the increasingly diverse real estate ownership needs of customers.

With “Z Home”, this is a financial solution born with the aim of supporting young Vietnamese people to realize their dream of buying a house (from buying a townhouse, apartment) to live in and save for the future, gradually building a stable and sustainable life.

At the same time, this is also a specific action of Sacombank to implement the Government's direction in implementing preferential credit programs for first-time home buyers. "Z Home" applies loans for many types of real estate such as apartments, private houses or residential land, suitable for the needs of young customers from 18 to 40 years old who want to own their first home.

Customers can use the real estate purchased from the loan as collateral, with a loan limit of up to 85% of the house value. In particular, Sacombank supports a loan limit of up to VND 10 billion (up to 85% of the guaranteed value) and applies a preferential fixed interest rate of only 6.5%, 7% and 7.5%/year, respectively for 12, 24 and 36 months.

In particular, Sacombank applies a loan term of up to 40 years, helping customers reduce the pressure of monthly debt repayment and easily plan long-term finances. In addition, customers also have a grace period of up to 5 years for principal repayment, during which time they only need to pay interest, creating conditions for financial stability in the first years of buying a house, especially suitable for young families and new entrepreneurs.

In addition, Sacombank also designed a preferential loan solution "Prime Home" for customers who borrow to buy real estate to accumulate with three fixed preferential interest rates of 8%, 8.5% and 9%/year, corresponding to terms from 1 to 3 years. Customers are also exempted from paying the principal for up to 5 years and only need to prepare a minimum of 15% of the real estate value, Sacombank supports the remaining loan up to 85%, with no limit on the total loan limit for each customer.

This policy helps customers not to spend much time on initial accumulation, easily access capital and quickly realize their home ownership plan. In addition to flexible interest rate policies, Sacombank constantly promotes digital transformation and optimizes the approval and disbursement process, bringing a convenient and fast experience to customers.

“Sacombank is committed to providing flexible preferential capital, simple procedures and quick disbursement to optimize the experience and expand access to capital to serve increasingly diverse customer needs, from housing to savings. This is also Sacombank's consistent orientation in accompanying the people and the economy on the journey of stable, long-term and sustainable development,” said a Sacombank representative.

Source: https://baodautu.vn/sacombank-uu-dai-lai-suat-cho-khach-hang-mua-nha-mien-tra-goc-den-5-nam-d314252.html