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.



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