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The Mortgage Letter From Bank is a crucial document in the Malaysian property financing process, issued after a successful mortgage application assessment. It represents the bank's formal offer of mortgage facilities to the borrower and serves as the foundation for the subsequent mortgage documentation. The letter is typically issued pursuant to the Financial Services Act 2013 and must comply with Bank Negara Malaysia's guidelines on responsible financing. It contains essential information about the approved facility, including loan amount, interest rates, tenure, and security requirements. This document is used when a bank has approved a mortgage application and needs to formally communicate the terms and conditions to the borrower. It forms part of the larger mortgage documentation suite and is often referenced in the final facility agreement. The letter must be drafted in accordance with Malaysian banking regulations and property laws, ensuring all required disclosures and terms are properly documented.

1. Bank Details and Letter Reference: Bank's letterhead, branch details, reference numbers, and date

2. Addressee Information: Borrower's full name and address

3. Subject Line: Clear indication that this is a mortgage facility offer

4. Approval Statement: Clear statement of mortgage approval and reference to the application

5. Facility Details: Key details of the mortgage including amount, tenure, interest rate, and property details

6. Terms and Conditions: Essential terms including repayment terms, fees, and charges

7. Security Requirements: Details of required security, including property charge and any additional security

8. Documentation Requirements: List of documents required to proceed with the mortgage

9. Acceptance Instructions: How to accept the offer and next steps

10. Validity Period: Period for which the offer remains valid

11. Contact Information: Details of the responsible officer/department for follow-up