LTV and Cash Downpayment for Property Bank Loans
In the event that you may slightly crossed your TDSR or you need higher Loan amount, Bank take into considerations for both pledged and un-pledged of your Financial Assets as the followings:
Fix Deposits, Unit Trust, Listed Shares (Stocks), Structured Deposit, Foreign Currency Deposits, Gold.
Gross Monthly Income (GMI)
• For fixed income earners
– Full gross monthly income. No haircut
• For variable income earners
– 30% hair cut on average latest 12 months pay or latest NOA
• Other usual income stream – Rental income
- 30% haircut on rental income subject to
– Stamped tenancy agreement – Min 6 months lease remaining at point of application
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