Head to head
The best credit brokers in Vietnam: our comparison
Is there a mortgage broker for foreign buyers in Vietnam?
01FE Credit
3.0 / 5Vietnam's largest licensed consumer-finance company
IdéalTRC holders with a local payslip who need a small VND cash or instalment loan — not a property mortgage
- Legal name
- VPBank Finance Company Limited
- Parent / shareholders
- VPBank, with Japan's SMBC as strategic shareholder since 2021
- Licence
- Non-bank credit institution, State Bank of Vietnam
- Core products
- Unsecured cash loans, point-of-sale instalment financing
- +Largest consumer-finance loan book in Vietnam
- +Fast, largely digital application for small unsecured loans
- +Backed by VPBank, one of Vietnam's largest private banks
- −Does not offer property mortgages
- −Consumer-lending rates run well above secured bank-mortgage rates
- −Underwriting is built for the domestic market, not non-resident foreigners
02Home Credit Vietnam
3.0 / 5European-owned consumer-finance company, operating locally since 2008
IdéalLonger-term expat residents wanting a foreign-managed consumer lender for small personal credit
- Parent
- Home Credit Group (Netherlands-registered, PPF-backed)
- Operating in Vietnam since
- 2008
- Licence
- Non-bank credit institution, State Bank of Vietnam
- Core products
- Point-of-sale instalment loans, cash loans, credit cards
- +Foreign-owned parent with an international reporting culture
- +Broad domestic point-of-sale network
- +Longest continuous operating history among Vietnam's consumer-finance companies
- −No mortgage or property-secured lending
- −Consumer-credit rates, not mortgage rates
- −Serves the mass domestic market rather than a foreign-buyer segment
03Mcredit
2.8 / 5Consumer-finance joint venture between MB Bank and Japan's Shinsei Bank
IdéalExisting MB Bank customers wanting a small consumer loan through the same banking group
- Legal name
- MB Shinsei Finance Company Limited
- Shareholders
- Military Commercial Joint Stock Bank (MB Bank) and SBI Shinsei Bank (Japan)
- Licence
- Non-bank credit institution, State Bank of Vietnam
- Core products
- Cash loans, point-of-sale instalment financing
- +Backed by MB Bank's branch and agent network
- +Established bank-and-foreign-partner ownership structure
- +Straightforward application for small consumer loans
- −No property-secured lending
- −Smaller scale than FE Credit or Home Credit Vietnam
- −Not built to serve non-resident foreign applicants
04Dragon Capital
2.5 / 5Vietnam's longest-established independent asset-management group — not a lender
IdéalInvestors wanting fund-level or portfolio exposure to the Vietnamese market, not an individual property loan
- Founded
- 1994, Ho Chi Minh City
- Founder
- Dominic Scriven
- Core business
- Asset and fund management — equities, bonds and real-estate-linked vehicles
- Notable vehicle
- Vietnam Enterprise Investments Limited (VEIL), listed in London
- +One of Vietnam's oldest and most established independent financial groups
- +Deep track record across Vietnamese capital markets
- +Relevant for portfolio-level property exposure rather than a single-unit loan
- −Not a mortgage broker or consumer lender — no individual property loans
- −Products are aimed at investors, not owner-occupier buyers
- −Entry tickets are set for institutional and high-net-worth investors, not typical retail buyers
Vietnam's licensed credit institutions at a glance
| Rank | Institution | Best for | Licence / backing | Property-loan access for foreigners |
|---|---|---|---|---|
| 1 | FE Credit | Domestic personal & POS credit at scale | SBV-licensed consumer-finance co. — VPBank + SMBC (Japan) | No — unsecured consumer credit only; TRC + local income generally required |
| 2 | Home Credit Vietnam | Long-established, foreign-owned consumer lender | SBV-licensed consumer-finance co. — Home Credit Group (Netherlands / PPF) | No — consumer credit only |
| 3 | Mcredit | Bank-backed consumer credit via MB Bank network | SBV-licensed consumer-finance co. — MB Bank + SBI Shinsei Bank (Japan) | No — consumer credit only |
| 4 | Dragon Capital | Fund-level property & wealth exposure | Independent asset manager, established 1994 | No — not a retail lender; investment vehicles only |
✓ Who these credit institutions actually suit
- ✓Longer-term residents with a Temporary Residence Card and a Vietnamese payslip, wanting a small VND loan for furnishing or fit-out costs
- ✓Investors seeking fund-level or portfolio exposure to Vietnamese real estate rather than owning a single unit outright
- ✓Buyers who want an honest map of what 'credit broker' options actually exist locally before ruling them out
- ⚠Non-resident foreign buyers looking to finance the property purchase itself
- ⚠Anyone expecting a Western-style mortgage broker who shops multiple lenders on your behalf
- ⚠Buyers who need financing lined up before exchange — see cash transfer or developer instalment routes instead
Vetted financing and credit partners in our directory
Dragon Capital
Gestion d'actifs et de fonds — plus grand gestionnaire d'actifs independant du Vietnam (~5,5 Mds USD AUM, 30+ ans). Fonds actions phares VEIL (cote LSE) et VEF. Clientele : investisseurs institutionnels, HNWI, family offices, fonds de pension et fonds souverains. N'est PAS un courtier en pret hypothecaire.
Ho Chi Minh City · EN, VN
Lotte Finance Vietnam
Societe de credit a la consommation coreenne (groupe Lotte, licence 2018): prets cash, prets biens durables, cartes de credit. Clientele grand public.
Hanoi · VI, EN, KO
Mirae Asset Finance Company (Vietnam)
Societe de credit a la consommation coreenne (groupe Mirae Asset): prets non garantis, prets auto, decaissement rapide. Groupe possede aussi Mirae Asset Securities Vietnam.
Ho Chi Minh City · VI, EN, KO
Shinhan Finance (Shinhan Vietnam Finance Company - SVFC)
Societe de credit a la consommation (groupe Shinhan Card, ex-Prudential Finance rachetee 2019 - entite distincte de Shinhan Bank): prets personnels, financement fractionne, cartes. Plateforme iShinhan.
Ho Chi Minh City · VI, EN, KO
Frequently asked questions
How much do you usually pay a mortgage broker?
In markets with an established mortgage-broker industry, fees typically run 0.5–1% of the loan amount, sometimes paid by the lender rather than the borrower. Vietnam has no equivalent retail broker network for foreign buyers; the licensed consumer-finance companies compared here charge no brokerage fee, but interest rates and any arrangement fee are set individually by each lender.
Is there a real mortgage broker for foreigners buying in Hanoi?
Not in the Western sense. No licensed brokerage shops multiple Vietnamese banks on a non-resident foreigner's behalf. Most buyers instead work directly with a bank's foreign-buyer desk where one exists, use a developer's staged instalment plan, or arrange financing from their home country — our guide to mortgages for foreigners covers the routes that actually work.
Can foreigners get a loan from Home Credit, FE Credit or Mcredit?
Only within their usual consumer-lending criteria: a Temporary Residence Card, a local Vietnamese income or payslip, and a Vietnamese ID or tax number are generally expected. These are small unsecured personal loans, not property-secured mortgages, and none of the three underwrites a home purchase.
What does Dragon Capital actually do for a property buyer?
Dragon Capital is an asset manager, not a lender. It is relevant to a property buyer mainly as a way to gain diversified, fund-level exposure to the Vietnamese market — including real-estate-linked holdings — rather than as a source of an individual mortgage.
How do most foreign buyers finance a Hanoi property without a local mortgage?
The large majority pay in cash transferred through the banking system, use the developer's staged payment schedule during construction, or draw on financing arranged in their home country. Our loan simulation explainer shows how to budget across these routes before you commit.
Are these lenders regulated?
Yes. FE Credit, Home Credit Vietnam and Mcredit are each licensed by the State Bank of Vietnam as non-bank credit institutions. Dragon Capital operates as a licensed asset manager rather than a credit institution — its products are investment funds, not loans.
Should I compare these credit institutions to Vietnam's mainstream banks?
Yes, if a local loan is realistic for your situation at all — a small number of banks do lend to Temporary Residence Card holders. See our comparison of the best banks in Vietnam alongside this page before assuming a consumer-finance company is your only option.
Not sure which financing route fits your purchase?
Our Hanoi desk maps out, free of charge, which of these routes — a Temporary Residence Card consumer loan, a developer instalment plan, or funds transferred from abroad — actually suits your budget and timeline, and introduces you to our vetted financing and legal partners where useful. Independent second opinion within 24 hours; no obligation, no outbound sales.