Implementation Of A Maximum LTV of 70%, for 3rd properties and beyond only...
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 Nov 6 2010, 08:22 PM
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#1
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Senior Member
3,904 posts Joined: Jul 2007 
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understanding that it won't effect 1st and 2nd property, but what if i am having them as joint name (both loan and property), for the 3rd property i limited to 70% MOF?
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Nov 7 2010, 11:15 AM
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#2
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Senior Member
3,904 posts Joined: Jul 2007
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in that case assume i have 60% and 70% loaning outstanding for my 1st and 2nd property respectively and no longer in the lock in period.
when i do refinance my 1st property, does it count as 3rd property and i can only get 70% MOF or it considers as 1st property as it is and i can still get 90% MOF? |
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Oct 1 2013, 08:20 PM
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#3
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Senior Member
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QUOTE(clarence1986 @ Oct 1 2013, 08:17 PM) Fast forward it to 2013. I just bought a 900sqft for 460k. O.O sounds like a damn good location   |
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