Hi kartz
CIMB Capped Rate Loan
You are guaranteed that interest rates will not rise beyond a certain, pre agreed limit during the course of the loan.
• Cost Savings if interest rates decline (where fixed rate loan doesn't have this benefit)
• Analysts are projecting interest rate to increase in 2011 onwards, a capped floating rate loan will give you an advantage!
• Attractive floating rates with a CAP!
• Applicable for completed residential, commercial and industrial properties. # Loan amount with a value of RM100,000 and above
# The capping of BLR is only for the first 3 or 5 years of the loan tenure. Customers can apply every 3 or 5 years until end of loan tenure subject to approval.
# Term loan
# Only completed properties
# Only Malaysian citizen
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Victor
CIMB Mortgage Advisor