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 Loan LTV 70%, Case Study

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feyfei
post Apr 11 2023, 11:00 AM

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QUOTE(Pac Lease @ Apr 7 2023, 04:16 PM)
will refer to borrower CCRIS record got reflect how many housing loan.
If existing got show 2 home loan, the new loan application will be MOF at 70%. LTV is always refer to number of home loan in CCRIS record.
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Hi, tumpang thread a bit. What if Condo B or C is non residential, i.e Commercial would the subsequent purchase of COndo D which is a residential prop qualify for 90%. Also assuming borrower has healthy DSR that allow to go for 90% loan instalment. Would that work?

 

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