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 Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!

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hakawei
post Jun 19 2015, 08:47 AM

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QUOTE(Ewa Wa @ Jun 11 2015, 12:48 PM)
Cash out portion=DSR calculation based on 10 years only, the repayment still up to 35 years. 

Balance = As usual.
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May i know the top up refinance allow for 35 years is for which bank? I have asked maybank, they do not allowed for 35 years top up loan. Appreciate you can share which bank that allowed 35 years top up loan.
hakawei
post Jun 19 2015, 09:03 AM

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QUOTE(B-Kwon @ May 13 2015, 09:09 PM)
You can try to cash out and settle off all the other loans. Not exactly payable up to 10 years, but the calculation is just based on 10 years. If your income is able to support 10 year's instalment, most bank still grants up to 35 years, depends on age. Some banks might cap 10 years tho..
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Hi b-kwon:

May i know which bank offer top u loan with 35 years?

My current loan with ocbc and maybank does not allow for top up loan 35 years.

 

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