Loan

These articles provide information that will be useful to foreigners who are considering applying for a housing loan and an investment loan in Japan.

Guide to Home Mortgage Loans in JapanLoans for foreigners purchasing property

Loan for Home Renovation

In recent years, there has been a growing trend of people purchasing preowned properties for renovation when buying a house. In Japan, many individuals opt for housing loans when buying a house, but loans are also available for covering renovation costs. Here, we provide guidance on the process, f…

What is Group Credit Life Insurance (Danshin)？ - Insurance attached to a Housing Loan

When taking out a housing loan, you are required to join “Group credit life insurance” as one of the conditions of the loan. Group credit life insurance is a life insurance policy specifically for housing loans that reduces the loan debt to zero in the event that a housing loan borrower dies or be…

Joint mortgages for married couples

In Japan, the number of households with dual-income couples is increasing, and more and more housing loans are being taken out by married couples. Rather than applying by one spouse alone, combining the income of both spouses can increase the borrowing amount, and depending on how the loan is stru…

Housing Loan Tax Deduction

Buying a home is the most expensive purchase experience for many of us, and housing market conditions have a significant impact on Japanese economy. Therefore, in Japan, various tax incentives have been taken for housing purchases in accordance with the economic and financial conditions of the cou…

Maximum Borrowing Amount for a Housing Loan in Japan

When you consider using a housing loan to purchase real estate in Japan, it is important for you to first understand how much you can borrow from a bank. If you know the approximate amount you can borrow, you may get to know the amount that you need as your own funds, the budget of the real estate…

Low Interest rates of Housing Loans in Japan – Points for choosing a Housing Loan

Because loan interest rates in Japan have remained low in recent years, most of the people who buy their own homes use a housing loan to do so. In this article, we would like to explain interest rates of housing loans, types of interest rate and their characteristics, and repayment methods as the…

Housing Loan FAQ for foreigner’s real estate purchase

We receive many inquiries about getting a housing loan from a Japanese bank at a lower interest rate from foreign customers who are considering purchasing real estate in Japan. We contacted a bank loan representative–who has experience providing foreigners with housing loans–about some of the mos…

Property Investment For Foreigners: Financing Options & Guest-Houses

Q: As a non-resident of Japan, can I buy any property in Japan without restrictions? I am thinking of buying a 200-year-old residential landed property in the outskirts of Tokyo for my own stay purposes, and maybe as a guesthouse as well. Am I entitled to get a loan from a Japanese financial insti…

Affiliated mortgage loan for Hong Kong resident customers

We are pleased to introduce a mortgage loan for Hong Kong resident investors which is now available by the tie-up between PLAZA HOMES and Shinsei Investment & Finance Limited. This is a mortgage loan is specially designed for Hong Kong resident private investors purchasing the real estate prope…