Homebase

Homebase is a Vietnam-based property technology and financing company that provides financial products enabling users to buy or invest in residential real estate. Its homebuyer product allows a purchase of a property with a downpayment starting at 8% of value, with Homebase supporting up to 80% of the property value and the buyer paying monthly installments that build ownership over time. The company states that its process requires less documentation and less stringent income verification than a traditional bank loan, and that both Vietnamese citizens and foreign nationals can use it.

A second product line targets existing homeowners, offering access to up to 80% of the current value of their home as an alternative to a conventional mortgage, repaid in monthly installments. A third line is an investor co-financing programme: individuals with stable income and bank borrowing capacity take out a bank loan and acquire a target property in their own name, and are matched with a homebuyer who provides the downpayment and pays the monthly interest, principal and an additional monthly fee to the investor. Homebase describes the arrangement as requiring no capital from the investor, secured by the property registered in the investor's name, with typical contract terms of about three years, an eligibility age range of roughly 23 to 63, and a default process that grants the buyer a grace period (usually 30 days) before the investor may keep or sell the property.

The company positions itself as one of Southeast Asia's proptech companies focused on homeownership access, reporting service in more than 20 cities and more than 20,000 customers served.