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Q. How much can you borrow?
A. No fixed upper limit, but loan amount is subject to
80% of
the project/property cost, and feasibility of repayment
vis-à-vis your cash flow.
Q. What is your contribution?
A. Equity contribution is a minimum of 20% of the
project/property cost
Q. What is the repayment period?
A. Up to 20 years
subject to 60 years retirement age.
Q. What is the interest rate?
A. Variable, competitive and dependent on money market
offerings.
Q. How will the loan be secured?
A. The loan can be secured
using any of the following:
- Legal mortgage over the subject property's or acceptable
alternative property's
- registered deed of assignment, or conveyance
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