Jun 27 2015, 09:02 PM
QUOTE(ixus @ Jun 27 2015, 08:56 PM)
I came across that some of the buyers buy two properties at the same time during purchasing of their second property in order to maximize their number of properties at 90% loan, where they submit the two properties loan application to different banks and managed to get approval for both banks although they are not fit for two properties loan. In that case they are now entitled for 3 properties with 90% loan.
What is the pro and cons ?
Bank reserves the right to withold your disbursement upon advise of loan if they check out before disburse of loan.. as this is bank negara's rule that 3rd property only entitle for 70% loan.What is the pro and cons ?
This is what some of my banker told me. There's some risk.
Anyone else can share on this?
This post has been edited by Tavia88: Jun 27 2015, 09:06 PM
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