I have 2 existing home loans, both joint name one with spouse one with dad.
I wanted to get another landed property. In order to entitle for 90%, I plan to refinance the joint loan with spouse to only her name. May I know do I need to also remove my name from the snp or only loan agreement will do?
Thanks in advance

This post has been edited by LivingLife: May 30 2020, 12:28 AM

So there is no need to remove my name from snp right? Only loan agreement will do?

Thanks for the clarification!

Is there any housing loan out there where we can lump in renovation cost as well?

“The 70% margin of financing limit applicable for the third housing loan onwards for property valued at RM600,000 and above will be lifted during the period of the HOC campaign, subject to internal risk management practices of financial institutions.”

From what I understand this does not applicable to certain bank, for e.g. PBB, the bank officer told me that PBB still maintain their policy that 3rd housing loan to be 70%

Does anyone know which bank is applicable?

How can i apply bank of china loan? their website doesnt provide much information