Auction property loan · Case study
Won the lot. Funded the balance. First charge after title.
Illustrative auction property loan — ~55% LTV of post-purchase view, no income proof. Placeholder pending client demo.
Petaling Jaya, Selangor
Selangor terrace — hammer to title
Illustrative / placeholder case study — figures and narrative are representative, not a named client testimonial. Swap for a real demo when ready.
Facility
RM 495,000
LTV
55% LTV
Tenor
12 months
From 12% p.a. (indicative) · First charge · No income documents required
Situation
The clock that mattered.
Investor pre-screened a LACA terrace with a fixed auction date. Bank packaging could not match the balance deadline after a successful bid. Deposit was equity-funded; shortfall needed a property-backed loan, not a 30-year housing process.
How it was structured
Pre-bid indicative terms against expected post-purchase valuation. After win: title transfer, first-charge registration, then balance drawdown. Underwriting stayed on asset and exit — income documents not requested.
Outcome
Balance settled on auction timetable. Client holds the asset with a dated bank refinance / hold plan. Illustrative figures only.
What was ready
- Auction notice / lot particulars
- Bid ceiling + deposit plan
- Known arrears / occupation notes
- Buyer NRIC / SSM — no income pack