51Ƶ

Hard Money Loan Contract Template for Malaysia

A Hard Money Loan Contract governed by Malaysian law is a specialized lending agreement typically used for short-term, asset-based financing where traditional banking options may not be suitable. This document establishes the terms and conditions for a loan secured by real estate or other tangible assets, incorporating requirements from Malaysian legislation including the Moneylenders Act 1951 and related financial regulations. The agreement details loan amount, interest rates, security arrangements, repayment terms, and enforcement mechanisms, with particular emphasis on the collateral that secures the loan. It includes specific provisions for Malaysian jurisdiction and compliance with local interest rate caps and lending requirements.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Hard Money Loan Contract?

The Hard Money Loan Contract is designed for use in Malaysia when traditional financing options are not suitable or available, typically in scenarios requiring quick funding for real estate transactions, business opportunities, or development projects. This document is essential for private lenders and borrowers engaging in asset-based lending, where the loan is primarily secured by real property or other valuable assets. The agreement must comply with Malaysian lending laws, particularly the Moneylenders Act 1951, Financial Services Act 2013, and relevant property laws. It includes comprehensive details about the loan terms, security arrangements, borrower obligations, and enforcement mechanisms. The document is particularly relevant for time-sensitive transactions, bridge financing, or situations where the borrower's immediate needs or circumstances make conventional bank financing impractical.

What sections should be included in a Hard Money Loan Contract?

1. Parties: Identification of the lender and borrower with complete details as required under Malaysian law

2. Background: Context of the loan arrangement and brief description of the purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the principal amount and permitted use of funds

5. Interest Rate and Fees: Details of interest rate, calculation method, and any additional fees, ensuring compliance with Malaysian interest rate caps

6. Security and Collateral: Description of assets provided as security and terms of the security arrangement

7. Disbursement: Conditions precedent and process for loan disbursement

8. Repayment Terms: Payment schedule, method of payment, and prepayment provisions

9. Representations and Warranties: Standard declarations by the borrower regarding their capacity and the collateral

10. Covenants: Ongoing obligations of the borrower during the loan term

11. Events of Default: Circumstances constituting default and consequences

12. Enforcement Rights: Lender's rights and remedies upon default, including collateral seizure

13. Notices: Process and requirements for formal communications between parties

14. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes

What sections are optional to include in a Hard Money Loan Contract?

1. Guarantees: Required when there is a third-party guarantor for the loan

2. Insurance Requirements: Include when specific insurance coverage is required for the collateral

3. Cross-Default Provisions: Include when the borrower has other significant loans or financial obligations

4. Assignment and Transfer: Include if either party may need to transfer their rights or obligations

5. Additional Security Arrangements: Required when multiple assets or complex security structures are involved

6. Property Management: Include when the collateral is income-producing property requiring specific management provisions

7. Environmental Matters: Required when the collateral includes real estate with potential environmental risks

8. Currency Provisions: Include for loans involving foreign currency considerations

What schedules should be included in a Hard Money Loan Contract?

1. Schedule 1 - Loan Details: Detailed breakdown of loan amount, interest calculations, and payment schedule

2. Schedule 2 - Property Details: Detailed description and documentation of the collateral property

3. Schedule 3 - Conditions Precedent: List of all documents and conditions required before loan disbursement

4. Schedule 4 - Forms of Notice: Standard forms for various notices required under the agreement

5. Schedule 5 - Security Documents: List and copies of all security documents

6. Appendix A - Payment Schedule: Amortization table or payment schedule

7. Appendix B - Property Valuation: Independent valuation report of the collateral

8. Appendix C - Insurance Requirements: Detailed insurance specifications for the collateral

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Loan Agreement

Sector

Banking

Cost

Free to use

Find the exact document you need

Friendship Loan Agreement

A Malaysian law-compliant agreement formalizing a loan between friends, combining personal trust with legal protection.

Download

Personal Loan Letter Between Friends

A Malaysian-compliant legal document that formalizes a personal loan agreement between friends, including loan terms and repayment conditions.

Download

Personal Loan To Company Agreement

A Malaysian law-governed agreement documenting terms and conditions for a personal loan from an individual to a company, including loan amount, interest, repayment terms, and parties' obligations.

Download

Mortgage Subordination Agreement

A Malaysian law-governed agreement that establishes priority ranking between multiple mortgages over the same property, determining the order of security enforcement and payment rights.

Download

Loan Agreement Between Two Individuals

A Malaysian law-governed agreement establishing loan terms between two individuals, including principal amount, interest, repayment terms, and default provisions.

Download

Facility Loan Agreement

A Malaysian law-governed agreement establishing terms and conditions for a lending facility between a financial institution and borrower, incorporating local regulatory requirements and banking practices.

Download

Inter Lender Agreement

A Malaysian law-governed agreement establishing priorities and relationships between multiple lenders in a financing transaction, including debt ranking, voting rights, and enforcement mechanisms.

Download

Loan Consent Form

A Malaysian-compliant document recording borrower consent for loan-related modifications or actions, subject to local banking regulations and legal requirements.

Download

Inter Corporate Loan Agreement

A Malaysian law-governed agreement establishing terms and conditions for a loan between corporate entities, including loan amount, interest rates, and repayment terms.

Download

Facility Letter Mortgage

A Malaysian law-governed facility letter detailing mortgage terms, conditions, and security arrangements between a financial institution and borrower.

Download

Employee Laptop Agreement

A Malaysian law-governed agreement setting out terms for company laptop provision to employees, including usage, security, and return conditions.

Download

Loan Guarantor Agreement Form

A Malaysian law-governed agreement where a Guarantor assumes responsibility for a Borrower's loan obligations to a Lender in case of default.

Download

Tripartite Loan Agreement

A Malaysian law-governed agreement establishing a three-party lending arrangement, detailing loan terms, security arrangements, and party obligations.

Download

Loan Out Agreement

A Malaysian-law agreement facilitating the provision of individual services through a loan out company structure.

Download

International Loan Agreement

Malaysian law-governed agreement establishing terms for cross-border lending between an international lender and Malaysian borrower, incorporating local regulatory requirements and international banking practices.

Download

Fixed Sum Loan Agreement

A Malaysian law-governed agreement establishing terms for a fixed sum loan, including amount, interest, repayment terms, and security arrangements.

Download

Deed Of Loan Agreement

A Malaysian law-governed deed documenting a loan arrangement between lender and borrower, including loan terms, conditions, and enforcement provisions.

Download

Rent Agreement For Personal Loan

A Malaysian law-governed agreement establishing terms and conditions for personal loan arrangements between lenders and borrowers.

Download

Money Lending Agreement

A Malaysian law-governed agreement establishing terms for money lending between a licensed moneylender and borrower, compliant with the Moneylenders Act 1951.

Download

Mortgage Agreement

A Malaysian law-governed agreement creating a security interest over property to secure a loan or financing facility, compliant with local property and banking regulations.

Download

Loan Guarantee Agreement

A Malaysian law agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.

Download

Lender And Borrower Agreement

Malaysian law-governed agreement establishing loan terms and conditions between lender and borrower, including financial obligations and regulatory compliance requirements.

Download

Letter Of Borrowing Money From Company

A formal letter document governed by Malaysian law that establishes the terms and conditions for borrowing money from a company.

Download

Friends And Family Loan Agreement

A Malaysian law-governed agreement for formalizing loans between friends or family members, including key terms and conditions for lending and repayment.

Download

Finance Agreement

A Malaysian law-governed agreement establishing terms and conditions for financial facilities between lenders and borrowers, including key financial and security terms.

Download

Debt Acknowledgement And Repayment Agreement

A Malaysian law-governed agreement that formally acknowledges debt and establishes repayment terms between creditor and debtor.

Download

Caveat Loan Agreement

A Malaysian law-governed agreement combining loan provisions with property security through a caveat registration system.

Download

Car Payment Agreement Between Friends

A Malaysian-compliant legal template for structuring car payment arrangements between friends, incorporating essential elements of vehicle sale and financing agreements.

Download

Car Loan Agreement Between Family

A Malaysian law-governed agreement for car loan arrangements between family members, establishing loan terms and vehicle ownership details while maintaining family relationship considerations.

Download

Letter Borrowing Money From A Friend

A Malaysian-compliant letter format document for recording and formalizing personal loans between friends, incorporating essential legal elements while maintaining an informal tone.

Download

Loan On Rent Agreement

A Malaysian law-governed agreement combining loan financing with equipment rental terms, structured as an integrated financial and rental arrangement.

Download

Simple Repayment Agreement

A Malaysian law-governed agreement establishing loan repayment terms and conditions between lender and borrower.

Download

Auto Loan Agreement Between Friends

A Malaysian law-governed agreement for private auto lending between friends, establishing loan terms and vehicle security arrangements.

Download

Amenities Agreement For Home Loan

A Malaysian legal agreement governing property amenities provision and maintenance under home loan arrangements, subject to Malaysian property and financial services laws.

Download

Joint Loan Agreement

A Malaysian law-governed agreement establishing terms for multiple borrowers to jointly obtain and be liable for a loan facility from a lender.

Download

Cash Advance Loan Agreement

A Malaysian law-governed agreement setting out terms and conditions for short-term financing between lender and borrower, compliant with local financial regulations.

Download

Bill Of Sale Loan Agreement

A Malaysian law-governed agreement combining a loan facility with security over assets through a bill of sale arrangement.

Download

Asset Based Loan Agreement

A Malaysian law-governed agreement establishing terms for a loan secured by specific assets, including security arrangements and regulatory compliance requirements.

Download

Mortgage Purchase Contract

A Malaysian law-governed agreement combining property purchase terms with mortgage financing arrangements, compliant with local banking and property regulations.

Download

Guarantor In Loan Agreement

A Malaysian law-governed agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it