How Much Can I Borrow?
We will be pleased to calculate how much you can borrow. This depends on:

• The valuation of the property.
• Your income, if it is a joint application, your partner's income.
• Your commitments and your regular living expenses.
• We will also take into your account your age in considering the length of the term.

Why Take A Loan from MBSB?
We provide an efficient services and offer competitive rates. We are flexible and always look at each case individually.

Can I Get A Loan?
The answer to this is likely to be yes as long as you are 18 or over, have a regular income and are able to show that you can meet the monthly payments.

What will it cost me?
When you are deciding on how much you want to borrow, you must remember that you will have to pay for the expenses such as:

• Solicitors fees
• Insurance cost
• Government stamp duty
• Minor Renovations or Improvements
• Furniture and fittings
• Miscellaneous expenses

We will go through these with you so that you can work out how much you need to borrow.

Monthly Payment
The amount of the monthly payment depends on:

• The amount you wish to borrow
• Number of years to pay it back
• The interest rate

Take all these points into account and with the help of a Loan Repayment Table you should have a good idea of how much your housing loan will cost each month.

Housing Loan Repayment?
Typical repayment periods range from ten to thirty years.

Over What Period Can I Have For My Housing Loan?
Typical repayment periods range from ten to thirty years.

What kind of Property Can I Look For?
We will lend on most types of property, provided the type of construction is acceptable to us and our valuer agrees it is good security for the money we are lending you.

So, normally we provide housing loans on:

• Detached, semi-detached, terraced houses, bungalows and shophouses whether they are under construction or completed.