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Hi Everyone, We are receiving tremendous request to explain in details for the new ruling “3rd House Financing Facility With Maximum Loan to Value 70%” .We would like to clear the air with the chaos in the housing loan sector. Here, we provide simple example for this new ruling. These simple conditions apply: [...]
Hi everyone, the most nerve breaking news for property financing in 2010 had been announced. Bank Negara quote “ with immediate effect the implementation of a maximum loan-to-value (LTV) ratio of 70%, which will be applicable to the third house financing facility taken out by a borrower.” Nevertheless, these rumours had been spreading in the [...]
Bank Negara Malaysia wishes to announce with immediate effect the implementation of a maximum loan-to-value LTV ratio of 70% housing loan, which will be applicable to the ( 3rd house ) third house financing facility taken out by a borrower. Financing facilities for purchase of the first and second homes are not affected and borrowers [...]
