Bank type

There are several housing loans for foreigners.

General bank requirements　

There are some important requirements when you will do housing loan screening for foreigners.

1️⃣ Permanent residence or Japanese nationality

2️⃣ Japanese reading comprehension

( Not only Hiragana,Katakana, but also kanji )

3️⃣ Regular employee "Sei shain"

You cannot apply to a general bank without these requirements. However, there are banks where you can apply without these requirements.

They are FLAT 35 and AEON bank. So those banks are banks for foreigners.

Screening level

If you check the table below, I think you know FLAT 35 and AEON bank level are not strict.

FLAT 35 and AEON bank 1st screening level is almost the same. AEON Bank can conduct screening on the Internet. So 1st, it is better to do AEON Bank 1st screening.

Both of 2nd screening levels are difficult, but AEON Bank is more difficult than FLAT 35.

So this is better,

1️⃣ AEON bank 1st → 2️⃣ FLAT 35 1st and 2nd → 3️⃣ AEON bank 2nd, (according to2️⃣situation)

Most foreigners borrow housing loans from FLAT 35. Because AEON bank is difficult.

So it is better to concentrate on the FLAT 35 screening.

Flat 35

Flat 35 is not Bank. It is the name of a housing loan product of the Japan Housing Finance Agency, a policy-based financial institution in Japan. The Japan Housing Finance Agency will make a screening your application and lend you a housing loan.

Japan Housing Finance Agency

"Jyutaku Kinyu Shien Kiko"

Japanese policy financial institution. They will review and give you a housing loan. However before that, specialized financial institution will check.

Specialized financial institution

They will be the point of contact between you and Japan Housing Finance Agency.Representative specialized financial institution are as follows.