Equity Cash out Intro 

The value of your property has increased over the years. By equity cash out through bank, you are able to liquidate the value without selling of your property. 

 

Most of the bank will offer you the same rate of your original mortgage interest rate and loan tenure. 

 

It is considered the cheapest loan compare to other form of loan. You may used it for your other investment, restructure your personal loan or raising business capital. 

There are few factors to determine the cash out amount:

1) Indicative valuation by bank

2) Outstanding mortgage amount

3) CPF amount used (Applicable for private residential property)

4) Your (or company) repayment ability. 

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