QUOTE(iamsolucky @ Mar 26 2014, 12:04 PM)
Dear Bankers
Thinking of refinance / top up loan, but
Is refinance / top up loan still subjected to maximum 10 years loan tenures for cash out portion?
Thanks
Hi, Thinking of refinance / top up loan, but
Is refinance / top up loan still subjected to maximum 10 years loan tenures for cash out portion?
Thanks
I am MBB banker,
Yes, top up loan is 10years tenure if your DSR is more then 70% with nett income more then RM3500.00.
However, In MBB we do offer longer tenure on top up loan if applicant DSR lesser then 70%, top up tenure can up to 35years/70years old(professional) and 30years/65years old which ever come earlier.
If applicant top up on existing MBB housing loan, up to original loan amount, top up tenure can be up to 35years.
Mar 29 2014, 11:01 PM

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