Thai Banks That Offer Mortgages to Foreigners (Work Permit Required) 2025
Living or working in Thailand or married to a Thai citizen? Learn how foreigners can access mortgages through local banks or with a Thai spouse as a guarantor.
If you're planning to settle in Thailand long-term — maybe you’re working here or even married to a Thai national — you might wonder: Can I get a mortgage from a local Thai bank?
The answer is yes, but only under specific conditions. Thai banks are generally cautious when lending to foreigners, but there are a few paths worth exploring.
What You’ll Need as a Foreigner
Most Thai banks will only consider your application if you meet a few strict conditions:
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Work permit valid for at least 1–2 years
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Stable income from a Thai employer (usually over 80,000 THB/month)
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Local tax records and payroll documentation
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A Thai bank account and preferably some local credit history
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A down payment of 30–50% of the property’s value
Most importantly, these loans are usually available only for freehold condominiums, not landed property.
Thai Banks That Lend to Foreigners (2025)
Here’s a quick comparison of the most reliable banks offering mortgages to foreigners with a valid work permit:
| Bank | Work Permit | Property Type | LTV | Loan Term | Notes |
|---|---|---|---|---|---|
| SCB (Siam Commercial Bank) | 1–2 years | Condominium only | Up to 70% | Up to 30 years | Requires income proof and Thai credit history |
| TTB (TMBThanachart Bank) | 1+ year | Condominium only | 50–70% | Up to 30 years | Proof of income and tax filings required |
| Tisco Bank | 1+ year | Condominium only | ~60% | Up to 25 years | May request Thai guarantor depending on income |
| GHB (Government Housing Bank) | 1+ year | Condominium only | 50–70% | Up to 30 years | Policies vary by branch; requires local income |
| Bangkok Bank | 1–2 years | Condominium only | 50–70% | Up to 30 years | Considered one of the more open banks for foreign borrowers |
Bonus: If You Have a Thai Spouse
Married to a Thai citizen? Your spouse can apply for a mortgage through any of these banks, while you act as a guarantor. This often gives access to better rates and higher LTV, but remember, the property will be legally theirs, not yours. If you go this route, get legal advice to protect your financial interests.
Want to compare this with developer loans or offshore financing?
Check out the full series on financing property in Thailand here: Can Foreigners Get a Loan in Thailand? 2025 Guide
