MAYBANK HOUSING LOAN PACKAGE

FEATURES & BENEFITS:

• Up to 70% of Property Value
• Up to 25 years installment
• 3rd party guarantee is acceptable
• 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

ACCEPTED LOAN PURPOSE:

• Purchase property(.ies) for owner occupied or investment
• Property construction for residential or owner occupied
• Refinancing existing housing loan
• Re-mortgage existing property(.ies) for property investment

WHO CAN APPLY

• Individual (Cambodian nationality only)
• Joint applicants (Cambodian or whoever direct family is Cambodian nationality, maximum up to 6 applicants is allowed)
• Borrower age must between 18 to 65 during loan period

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:

  • Purchase property - Sale & purchase agreement of the property (if applicable), not required for pre-assessment without issuing of LO
  • Refinancing - existing facility agreement and proof of repayment/installment
  • Construction – construction plan or construction permission
  • Copy of property ownership document
  • Other document (as per required to support loan purpose)

  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)
  • Banking statement or passbook (if applicable)
  • Other verification document (e.g. sales invoice, purchase invoice or any valid proof)
  • Property rental
  • Proof of property ownership
  • Valid leasing contract or rental agreement
  • Pay-check (if applicable)

CONDITIONS APPLIED BEFORE LOAN RELEASE:

• Original Letter of Offer and Lending Agreement signed
• Submission of valid Property Valuation Report
• Purchase of Fire Insurance Policy
• Purchase of Personal Accident Policy (if required)
• Execution on charged of Security Property (Hard title deed only)
• Other Terms & Condition of Maybank (Cambodia) Plc. for Housing Loan apply

Terms & Conditions Apply. Subject to change without prior notice.