Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)
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 Nov 2 2021, 12:59 PM
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#21
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Senior Member
1,863 posts Joined: Aug 2014 From: Soviet Sarawak - Dum Spiro Spero   
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QUOTE(MRS_consultant @ Nov 2 2021, 12:13 PM) u can refinance the land Agri land the bank will accept for refinancing? There is no building on the land. Asking because i asked another bank, but the person says they prefer refinancing of a building/house/shop |
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Nov 2 2021, 01:22 PM
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#22
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Senior Member
1,863 posts Joined: Aug 2014 From: Soviet Sarawak - Dum Spiro Spero
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QUOTE(mini orchard @ Nov 2 2021, 01:08 PM) How do developers buy agri land and convert to residential housing project ? Developers would have a different financing compared to building one for own stay i guess. But when they buy agri land they also need to convert to residential title after paying a premium thoughThe magin of finance will be lesser compared if there is a building erect on the land. |
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