How to get approved for a house loan for LGBTQIA+ people
Last updated: 18 Aug 2025
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LGBTQIA+ and the Opportunity to Co-borrow for #Homes
Currently, the #LGBTQ+ group is a group worth watching. They possess high purchasing power, high financial potential, and a high spending ability. LGBTQ+ individuals generally earn higher incomes than men and women of the same age. Surveys show that over 9% of LGBTQ+ individuals earn between 50,000 and 85,000 baht per month, while over 4% earn over 85,000 baht. This group possesses sophisticated and luxurious tastes, emphasizing brand credibility over trend-following. Therefore, the LGBTQ+ community, or "the rainbow," presents a significant market opportunity for the real estate market.
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How to Get Approved for a Home Loan for LGBTQIA+?
Thai nationality, aged 20 years or older.
Stable income, with an income of at least 15,000 baht for both the primary and co-borrowers. (Some banks require the primary borrower to have an income of at least 50,000 baht.)
Full-time employees must have a combined employment history of at least two years at their previous and current employers (some banks do not specify this).
Borrowers must have documentation or evidence of their relationship or cohabitation for at least one year, as specified by the bank, such as a joint house registration or joint savings account (some banks do not specify this).
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In addition, the same qualifications as for a regular home loan application are required: debt must not exceed 30-40% of income, have savings of at least 10% of the home value, and have a six-month account statement.
___________________________________________
Source of this article from Thairath: https://www.thairath.co.th/.../wealth_management/2699704
Currently, the #LGBTQ+ group is a group worth watching. They possess high purchasing power, high financial potential, and a high spending ability. LGBTQ+ individuals generally earn higher incomes than men and women of the same age. Surveys show that over 9% of LGBTQ+ individuals earn between 50,000 and 85,000 baht per month, while over 4% earn over 85,000 baht. This group possesses sophisticated and luxurious tastes, emphasizing brand credibility over trend-following. Therefore, the LGBTQ+ community, or "the rainbow," presents a significant market opportunity for the real estate market.
___________________________________________
How to Get Approved for a Home Loan for LGBTQIA+?
Thai nationality, aged 20 years or older.
Stable income, with an income of at least 15,000 baht for both the primary and co-borrowers. (Some banks require the primary borrower to have an income of at least 50,000 baht.)
Full-time employees must have a combined employment history of at least two years at their previous and current employers (some banks do not specify this).
Borrowers must have documentation or evidence of their relationship or cohabitation for at least one year, as specified by the bank, such as a joint house registration or joint savings account (some banks do not specify this).
___________________________________________
In addition, the same qualifications as for a regular home loan application are required: debt must not exceed 30-40% of income, have savings of at least 10% of the home value, and have a six-month account statement.
___________________________________________
Source of this article from Thairath: https://www.thairath.co.th/.../wealth_management/2699704
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