Home loan screening without permanent residence.

Many foreign residents in Japan worry

“Can I get a home loan without permanent ?”

The answer is: maybe yes.

Even without permanent residency, some banks may still consider your application.

Banks don't look only at permanent residency.

They usually check your overall situation.

What banks often check

✅ Visa Status

Status of residence without employment restrictions.

・Spouse of Japanese National

・Spouse of Permanent Resident

・Long-term Resident

✅ Employment Status

 "Seishain", a full-time employee, with at least one year of continuous service.

✅ Annual Income

 More than 3 million yen

✅ Japanese Proficiency Ability

Basic conversational Japanese and reading comprehension (including kanji).

※If your Japanese is limited, it may help to:

・go with your spouse

・talk to a foreigner-friendly real estate company

✅ Down Payment

20% of the property purchase price.

✅ Loan record

No history of delinquency on past loans (car loans, credit cards, mobile phone payments, etc.).

Banks will make a comprehensive decision based on these factors. So, not having permanent residency doesn’t always mean no.

Important point

However, the checking process will be extremely difficult under the following conditions.

✅ Visa Status

Visas other than those listed above are not available.

✅ Employment Status

For self-employed individuals, at least three years since the start of business is required.

✅ Annual Income

In principle, more than 3 million yen. If you don't meet it, it will be judged on a case-by-case basis.

✅ Loan record

Even if you meet the above requirements, the possibility of passing the screening is low if your loan record is not good.

Summary

A home loan may still be possible even without permanent residency.

The important thing is not to give up too early.

If you want to know:

・whether I may qualify for a home loan

・which banks may be more suitable for situation

Please feel free to contact us.

https://www.guiadesign.com/loans/not-permanent

After sending, we give you advice.

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How to inquiry

If you want to ask in detail,

facebook messenger m.me/guiadesignoffice 

Emai address consult@guiadesign.com 

This site www.guiadesign.com/dream 

Please feel free to contact us.

🇯🇵 A national qualified expert try to give you

advice that suits your current situation.

GUIA DESIDN OFFICE

Ibaraki Association of Architectural Firms

B5464 0309