Do you plan to buy land for commercial or personal use in near future? If you want to finance your purchase through banks, it may be a little difficult because of the tedious documentation and extensive formalities. However, you do not have to get disheartened. Fast Business Loan Malaysia is a private licensed money lender that gives all kinds of land loans for Malaysia real estate such as loan for land financing, mortgage loan, finance land purchase, vacant land, commercial land, residential land, raw land, rural land, agriculture land, farm land, and recreation land. There is difference between home loan and land loan. You can take home loan for a building already constructed, is under construction, or probable to go under construction soon. Land loan is given for vacant land.

We have the required expertise and experience so that you can have the best possible amount of land loan. The loan for land you want to procure depends on the kind of property you want to buy, your planning with the land and time of edifice construction. If you plan to construct a building right away, you must ensure that the land is available for legal planned use. You must get a professional survey done for your property, which will identify the dimensions, access, easements, and property lines. Access and easement influence the value of property and your ability for procuring a loan. You need to check about zoning and confirm that the land comes into the appropriate zone for your purpose.

After you are sure that the land is available for your planned use, you can easily seek loan for land. Fast Business Loan Malaysia allows you to have land loan without much hassles and at highly competitive rate of interest.

Land loan eligibility & documents required:

  • Malaysian Citizen or Permanent Resident
  • 3 months Latest Bank Statement (savings account / current account)
  • 3 months Latest Pay Slip
  • Photocopy of IC
  • Latest EPF Contribution Statement
  • Latest Electricity Bill & Water Bill
  • Original Sales and Purchase Agreement
  • Loan Agreement
  • Quit Rent & Assessment

You may also be interested in Factory Loan.