Dear sifu....
i got one question in mind. i Plan to buy a leasehold condo (new) and is still under construction.
can i get 90% loan from bank? due to is a leasehold?
appreciate all advice....
thanks
new leasehold condo, can get 90% loan?
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 Mar 10 2016, 11:08 AM, updated 10y ago
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121 posts Joined: Nov 2006 
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Mar 10 2016, 11:20 AM
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49 posts Joined: Apr 2008 
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QUOTE(Denise_D @ Mar 10 2016, 11:08 AM) Dear sifu.... Yes. Of cz. mind to share whr? =) i got one question in mind. i Plan to buy a leasehold condo (new) and is still under construction. can i get 90% loan from bank? due to is a leasehold? appreciate all advice.... thanks  If is before APDL project. Then you need panel Bank Branch. If is after APDL den you can get on respective Bank that recognize the project. |
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Mar 16 2016, 10:44 AM
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All Stars
10,162 posts Joined: Nov 2014
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QUOTE(Denise_D @ Mar 10 2016, 11:08 AM) Dear sifu.... No problem to get 90% loan i got one question in mind. i Plan to buy a leasehold condo (new) and is still under construction. can i get 90% loan from bank? due to is a leasehold? appreciate all advice.... thanks  feel free to let me know if need help |
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Mar 16 2016, 12:31 PM
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9,913 posts Joined: Jun 2014
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QUOTE(Denise_D @ Mar 10 2016, 11:08 AM) Dear sifu.... From regulatory perspective, provided that you don't have 2 or more residential loans that remain outstanding, then you may obtain 90% margin of financing. Of course, it is still subject to other considerations eg your credit profile.i got one question in mind. i Plan to buy a leasehold condo (new) and is still under construction. can i get 90% loan from bank? due to is a leasehold? appreciate all advice.... thanks |
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