Withhome loan packageLPBank’s limit of up to VND 1,000 billion with simple and easy loan procedures will help homebuyers soon realize their dream of settling down.

On August 12, Loc Phat Vietnam Commercial Joint Stock Bank (LPBank) announced that it would reserve 1,000 billion VND with preferential interest rates from only 3.9% for loans to buy real estate and project houses, maximum loan term up to 35 years and free early repayment with each customer’s choice. This interest rate is considered attractive on the market today.n

The demand for housing is very large and continues to increase strongly

According to recent assessment results of PropertyGuru real estate technology group, as of June 2024, the need to buy a house,buy an apartmentpeaking in March 2024, an increase of nearly 60% compared to the end of 2023 (in Hanoi area alone). That shows that people’s need to buy real estate and apartments is still very large.n

Also according to experts, 2024 is the time when many real estate projects will launch and offer products with accessible prices and good payment policies. Meanwhile, many banks have launched separate loan packages for the real estate sector with preferential policies, providing an opportunity for home buyers to settle, rent or accumulate.n

Home loan policyLP Bank’s attractive 2024

Accordingly, home loan customers at LPBank will enjoy an interest rate of 3.9%/year, applicable for a 3-month term. Longer terms, preferential interest rates range from 4.9%-5.9%/year, maximum loan term up to 35 years. In addition, LPBank also offers free early repayment for each customer’s loan package choice, flexible repayment policy, suitable to the customer’s income and finances. According to many customers, this is a low-interest loan program, with many prepayment incentives, simple loan processes and procedures, and quick disbursement support.nn

According to assessments, LPBank’s home loan package has competitive interest rates, closely follows the market and meets actual needs. With this policy, home buyers have complete peace of mind as they do not have to worry about the pressure of paying principal over the years, and the method of paying principal early is regular and flexible without additional fees. This is also an advantage and advantage for home buyers to be proactive in their finances and stabilize their lives.nnIn particular, LPBank’s home loan package has a limit of up to 1,000 billion VND, implemented from now until September 30, 2024. LPBank supports simple, easy and quick loan procedures to help homebuyers soon realize their dream of settling down./.