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.
