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 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

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Tom Cruise
post Feb 26 2015, 08:57 AM

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Hi everyone,

I need some advice about buying the third property for investment. Is there any housing loan restrictions that I should aware about other than "must-pay 30% downpayment"?

What heard that banks will not entertain if I want to make loan less than RM100k to buy the third property. Is that true?

Thanks. thumbup.gif

This post has been edited by Tom Cruise: Feb 26 2015, 08:59 AM
Tom Cruise
post Feb 26 2015, 11:57 AM

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QUOTE(ims2628 @ Feb 26 2015, 10:34 AM)
Yes third house on loan confirm will slash the loan amount to max 70% means you gonna prepare the balance, but only third house on loan, if you're having two house but one house no longer on mortgage loan you still able get max 90% loan. Some bank will not really entertain yes, but mostly they do but interest won't be attractive.
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Thanks for the clarification notworthy.gif

 

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