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 Not allowed to refinance with foreign income ?

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serdangonline
post Jan 4 2017, 03:19 PM

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QUOTE(SilverfoX @ Jan 4 2017, 03:17 PM)
Hi all,

Need advice please. I've got a property worth about 550k owing 180k, i am working in australia. I tried to refinance to get some cash out but was rejected. HSBC told me i am not eligible to refinance and cash out because im an australian PR (as per new bank negara policy). Is there such a thing? Is there any other options for me to free some cash out?

Please enlighten me people
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