Increase Downpayment: Consider increasing your down payment to reduce the loan amount needed from the bank. This would improve the LTV ratio and potentially satisfy the bank's requirements.
Talk to the Bank Manager: Schedule a meeting with your bank manager to discuss the situation. Explain the agreed purchase price and explore alternative solutions if increasing the down payment isn't feasible. The bank manager might be able to offer suggestions or escalate your case for reconsideration under special circumstances.
Seek a Different Lender: While not ideal, you could explore applying for a home loan with a different bank. However, there's no guarantee they won't have similar concerns given the significant difference between valuation and purchase price
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From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
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