Q & A › Category: Properties › Top up loan
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Natalie asked 9 years ago

Just want to share, assume client purchase price is low at the point of buying, noticed that market value is higher, bank is allow to do top up loan when loan released 
e.g. purchase price RM150K , max loan is rm135K 
e.g. market value RM200K , max loan is rm180K 
Top up RM45K (RM180K -RM135K) which also benefit those client to purchase completed property at low price/ auction market  
Approval will review the income eligibility again & revalue 
Fee impose valuation report fee & up stamp fee 
 
Thanks 

1 Answers
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KCLau Staff answered 9 years ago

That works.