Maybank Mortgage Product Specification & MOR

Purpose:

- For Refinancing / Remortgage / Redraw financing can be for education, medical expenses, working capital for existing business, renovation & home contenr, personal investment and contingencies

Min Loan & Property value:

- The minimum loan amount is RM 10k except for refinancing which is RM 25k and Bungalow Schemes which are RM 50k

- No minimum property value, except for refinancing, redraw and remortgage whereby the minimum property value is RM 25k

MOA/MOF:

- Up to 90+5% for MaxiHome and 80+5% for MaxiShop

Repayment capability to be met:

- Maximum 45% of monthly income, computation as

First RM 3.5k, MOR 1/3

T/A, MOR 50%

Repayment track record:

subject to good and prompt repayment track record