Loan Facility for Residential Properties (Individual or Corporate)
For general public or corporate (Malaysian)
Maximum Loan
90% + 5% Subject to Market Value or Selling Price (as per Sales & Purchase Agreement).
Maximum Repayment Period
Up to 40 years tenure or borrower’s age of 70 years, whichever comes earlier.
Interest Rate (Monthly Rest)
For properties up to RM350,000.00 of selling price (AHLP)
Interest Rate (Multi-Tier)
- 1st year – 4.50% p.a.
- 2nd to 3rd year – 5.25% p.a.
- 4th to 5th year – 5.25% p.a. (depending on conduct of account)
- Thereafter – 6.50%
For properties RM350,001.00 and above of selling price (SHLP)
Interest Rate (Multi-Tier)
- 1st to 3rd year – 5.00% p.a.
- 4th to 5th year – 5.00% p.a. (depending on conduct of account)
- Thereafter – 6.75% p.a.
Required Documents for Application
Employment Income
- Certified Copy of IC (applicant / spouse / vendor / guarantor)
- Certified copy of salary slip (applicant/ guarantor ) – (3 months for fix income / 6 months for income with OT or commission)
- Certified copy of EC / EA (applicant)
- EPF / KWSP statement
- Latest 6 months of personal saving bank statements
- Booking Form / Sale & Purchase Agreement / Letter of Intent
Business Income
Sole Proprietor / Partnership
- Certified Copy of IC (applicant / spouse / vendor / guarantor)
- Current year Trading License
- Current year Form B / Form BE
- Latest 6 months of Trading bank statement
- Latest 6 months of personal savings bank statements
- Booking Form / Sale & Purchase Agreement / Letter of Intent
Corporate / Company
- A copy of current year Trading License
- A certified copy of Memorandum and Articles of Associates
- Certified copy of latest Form 24
- Certified copy of latest Form 49
- Audited Financial Statements for the past three years
- Latest 6 months of company’s bank statements
- Certified Board Resolution authorising loan application
- A certified copy each of director’s Identity Card
- Latest Notice of Assessment (Form J) for the Company
- Latest Notice of Assessment (Form B) for each director
- Loan Application Form
- Directors’ particulars as per Form A (annexed to the application form)