A mortgage is a loan advanced to the customer to buy or construct a house, or buy a condominium unit. The customer takes a mortgage to pay up to 80% of the property price, and then pay it back to the bank over a period of up to 25 years. Mortgage has three sub types:
Mortgage is available in USD and KHR. If the renovation is extensive, the borrower can opt for Home Loan, instead of Home Equity, to get more favorable loan conditions.