MAYBANK HOUSING LOAN PACKAGE WITH JS LAND LTD (GARDEN RESIDENCY)
FEATURES & BENEFITS:
- Up to 70% of Property Value
- Up to 25 years installment
- Interest rate from 9% p.a.
- Soft title deed is acceptable
- 3rd party guarantee is acceptable
- Interest payment only during construction
- No loan approval fee
- No renewal fee
- No amendment fee
- One-off legal charge
- Fast and hassle-free application
- Visa card upon request
- Internet banking facility available
WHO CAN APPLY
- Individualor Joint applicants(Cambodian or foreigner who are Maybank Group existing customer)
- Borrower age must between 18 to 65 during loan period
- Up to maximum of 6 applicants
REQUIREMENTS FOR APPLICATION SUBMISSION:
Identity documents:
- National Identification Card (NID) or Passport
- Family Book, Residential Book, Marriage Certification, Birth Certificate or any valid document certified by local authority
Proof of loan purpose:
- Sale & purchase agreement of the property (if applicable), not required for pre-assessment without issuing of LO
Income evidences:
- Salary earner
- Employment contract, employment confirmation or appointment letter
- Last 3 to 6 months pay-slips, bank statement and/or other relevant documents
- Business owner
- Proof of existing business >3 years
- Valid business registration prior to loan release
- Last 2 years Profit and Loss statement (please discuss with our BRE on requirement)
- Other verification document (e.g. sales invoice, purchase invoice or any valid proof)
- Banking statement or passbook (if applicable)
- Property rental
- Proof of property ownership
- Valid leasing contract or rental agreement
- Pay-check (if applicable)
Please note that foreigner income to be assessed by Maybank Group base at home country.
CONDITIONS APPLIED BEFORE LOAN RELEASE:
- Submission of Sell and Purchase Agreement (with JS Land Limited)
- Proof of 30% down payment paid to JS Land Limited
- Original Letter of Offer and Lending Agreement signed
- Agreeable to convert soft-title deed to hard title upon completion of construction and available on hard title deed conversion (confirmed by JS Land Limited)
- Agreeable to purchase fire insurance policy after completion of property construction prior to handover
- Agreeable to charge the property after hard title available and construction completed before expiry of master guarantee
- Other Housing Loan Terms & Conditions apply
Terms & Conditions Apply. Subject to change without prior notice.