Implementation Of A Maximum LTV of 70%, for 3rd properties and beyond only...
|
|
 Nov 8 2010, 02:24 PM
Return to original view | Post
#1
|
 
Junior Member
146 posts Joined: Jun 2007 
|
QUOTE(yoki @ Nov 8 2010, 12:39 AM) i think for now, even bankers are not so clear with the ltv thing, cut off timing..esp for loan application submitted before that.. agreed with you... now the bankers cannot define what is the "3rd property"... just now the sa talked to my husband & said that now RHB ady start with 70% loan policy... but the rest still not confirm...   we need to check one by one  |
|
|
Nov 11 2010, 09:38 AM
Return to original view | Post
#2
|
|
Junior Member
146 posts Joined: Jun 2007
|
QUOTE(tiffneedle @ Nov 11 2010, 12:03 AM) Directors does not matter, the loan is based on the company's name. when apply loan under a company especially a S/B, directors(shareholders) will be the guarantor... hence bank will check the directors as well...  however a question here, if company apply for the 1st time but director got 3 loans on hand, then how will bank treat it?  just knew from AmBank officer, this policy only apply at the loan on house but not "property", so shoplot/office will not be considered, u can still get max 80% as usual...  |
| Change to: |  0.0145sec
 0.53
 6 queries
 GZIP Disabled
Time is now: 9th December 2025 - 02:21 PM |
Quote