Home Equity Loan

Loan facility for the purposes of purchasing, building, and/or improving the residential home or for personal expenditures.

 

Features and Conditions
Currency USD Home Equity Loan KHR Home Equity Loan
Purpose Housing related purposes:
  • Purchase home
  • Build/improve residential home
  • Refinancing home loan from other institutions
Non-housing related purposes:
  • Automobile purchase
  • Furniture purchase
  • Other personal expenditures
Type of collateral Hard title
Interest rate per annum
  • 9.5%
  • 8.5% 
Loan to value Up to 80%
Loan amount ≥ USD10,000 or KHR equivalent
Loan term
  • Up to 240 months for housing related purposes
  • Up to 60 months for non-housing related purposes
Bank service charge

Minimum 1%

Legal fee USD250 or KHR equivalent
Property evaluation Free
Fire insurance Yes
Pre-payment charge Minimum 2% on partial or paid off amount for the first 3 years and 0% there after
Requirements
  • Valid National ID card/passport
  • Family book/residential book
  • Sale and purchase agreement/booking agreement (or proof of booking)
  • Proof of income/employment certificate/payslips/bank statements, and/or other relevant documents
  • Sovannaphum life insurance will be applicable if required

The above Interest Rate and Terms & Conditions are subject to change at the Bank's sole discretion without any prior notice to customer.
For further information, please visit your nearest Canadia Bank branch or give us a call at (+855) 23 868 222 .

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Home Equity Loan

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