third home

NEW ANNOUNCEMENT

Hi everyone, Happy new year to all! Last few days, we received many emails and calls regarding 100% loan. We called some of the government bodies or department and unfortunately, this issue still remain in the dark. We hope everyone understand our position for not able to give any advices or comments on this issue. [...]

By |2011-01-06T16:03:37+08:00January 2nd, 2011|Latest Article/News|12 Comments

AUCTION PROPERTIES

Auction can simply be described as the sale of a property to the highest bidder. They are conducted to enable banks or other financial institutions to recover the loan granted to borrowers who have defaulted under the terms of repayment by selling off the properties that have been charged or assigned to them as security [...]

By |2016-11-01T10:40:18+08:00January 1st, 2011|Latest Article/News|2 Comments

3rd HOUSE FINANCING FACILITY WITH MAXIMUM LOAN TO VALUE 70%

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 [...]

By |2016-11-01T10:40:19+08:00November 3rd, 2010|Latest Article/News|2 Comments

Third home loan, Measures in Promoting a Stable and Sustainable Property Market and Sound Financial and Debt Management of Households

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 [...]

By |2016-11-01T10:40:19+08:00November 3rd, 2010|Latest Article/News|2 Comments
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