Financial Downpayment for subsale
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 Dec 30 2021, 04:08 PM
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#1
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Senior Member
803 posts Joined: Jul 2007 From: Kuala Lumpur  
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QUOTE(ProSambalEater @ Dec 30 2021, 03:23 PM) 1st house and 2nd house u can loan up to 90%. 70%/90% based on S&P and Bank valuation, whichever lower.3rd house onwards loan up to 70%  |
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Dec 30 2021, 08:34 PM
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#2
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Senior Member
803 posts Joined: Jul 2007 From: Kuala Lumpur
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QUOTE(berrycoo~ @ Dec 30 2021, 04:42 PM) When you say 70/90% are you referring to 3rd house onwards? Sorry , what I mean was , the bank will take the lower value of S&P and bank valuation. Depending whether its your 1st/2nd or 3rd hluse, 90 % or 70& of that value. Many would think that they can jet up the S&P price to get more loan but you cant. |
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