Own your Dream Home with Peace of Mind
Package Name
SMART Mortgage FLEXI Shophouse Financing-i
Eligibility
All individuals & joint applicants
Benefits:
- Financing Moving Costs and Related Expenses (MCRE) i.e. MRTT/MLTT, LTHT, legal fees, valuation fee & stamp duty
- Fully-Shariah compliant product
- Peace of mind with MRTT/MLTT coverage
- Will writing (wasiat) services
- 100% stamp duty exemption for redemption (on conversion from conventional to Islamic financing) as per Federal Government’s gazette P.A(A)376/2010, Stamp Duty (Remission) Order 2010, Stamp Act 1949.
Margin of Financing
Margin of Financing (MOF) Up to 80%+10% MCRE
Tenure
Financing tenure up to age of 70 years or maximum duration of 25 years. Whichever is earlier
Documents required
- Photocopy of I/C of applicant(s)
- Latest 3-month salary slips
- Latest J/EA Form
- Confirmation letter from employer
- Original S&P Agreement/ booking sheet/ down payment receipt
- Business Registration and other related forms for self-employed (whichever is applicable)
- Latest 3-month Bank Statement
- Any additional documents if required by the Bank
