TMBThanachart, or TTB <\/span><\/strong>, reaffirms its mission to help "homeowners" achieve better financial living <\/span>by launching home loan refinancing <\/strong><\/span> as a solution to ease the burden of payments during a period of rising interest rates, reducing interest costs and monthly payments, along with <\/span>special interest promotions, both fixed and floating, starting at 3.25% per annum for the first three years, with monthly payments starting at 6,000 THB per million borrowed, and no additional fees <\/span>to help customers save money. Additionally, customers can request an increased loan amount to enhance their liquidity.

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Mr. Jaree Chiaratanakan, Deputy CEO and Head of Retail Loan Product Management at TMBThanachart <\/strong><\/span>stated that <\/strong>as interest rates are trending upwards, statistics from the Real Estate Information Center show that homeowners are struggling to keep up with payments, leading to over 200 billion THB in foreclosures. Therefore, TTB, as a leader in home loans, is offering financial solutions to lighten the burden of home debt and alleviate concerns about rising interest rates with TTB Home Loan Refinancing <\/strong>(ttb home loan refinance).

The TTB Home Loan Refinancing <\/strong>is an option that helps reduce interest burdens and monthly payments, allowing customers to manage their payments more comfortably during high-interest periods. It addresses the needs of homeowners looking to lower their interest costs, reduce monthly payments, or maintain the same payment level to pay off their home loans faster. Another unique feature is that customers can use their homes or condominiums that are still under mortgage to request additional loan amounts, providing cash for daily expenses or consolidating high-interest debts into a single payment with TTB, which offers lower interest rates. Additionally, customers can opt for a credit line on a cash card, allowing them to be prepared for emergencies at any time, with immediate access to funds 24/7, no interest if unused, and a low interest rate of only 0.67% per month, with a minimum repayment of just 1% of the used amount. They can also finance products and services through the ttb pay plan at a 0% interest rate for up to 60 months.

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Moreover, the TTB Home Loan Refinancing comes with special interest promotions that allow customers to choose their preferred interest rates, both fixed and floating. The fixed interest rate for the first year is 2.75% per annum, averaging 3.35% for the first three years, or a floating rate averaging 3.25% for the first three years, along with special benefits such as free fire insurance premiums and free property appraisal fees. There is also an option for free mortgage registration fees, which is another benefit that helps customers save on various costs. For customers who apply for home refinancing with TTB and receive approval by October 31, 2023, or until further notice from the bank.

Special! For customers who apply for TTB Home Loan Refinancing along with the TTB cash card, the bank offers a special promotion of free mortgage registration fees for the cash card portion, available only for customers approved by December 31, 2023, under the bank's announcement conditions.<\/span>

“TTB believes that the TTB Home Loan Refinancing will help reduce the number of foreclosures, allowing homeowners to manage their payments more comfortably with reduced monthly payments starting at just 6,000 THB for every 1 million THB in loan amount. For those who can maintain their current payment levels, refinancing will be a shortcut to help customers pay off their home loans faster and increase their financial liquidity. It is expected that by the end of 2023, TTB will assist up to 6,000 homeowners through the TTB Home Loan Refinancing, contributing significantly to the bank's goal of disbursing 60 billion THB in home loans this year, in line with TTB's mission to sustainably improve the financial lives of homeowners,” Mr. Jaree concluded.

For more information, please contact the TTB contact center at 1428.