Need advise on how to get property loan for full time stock trader? Can they qualify as they only have stock and share plus cash with no income tax statement or salary payslip. Can some one advise?
Property Loan for Stock Trader
Property Loan for Stock Trader
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May 2 2010, 09:01 PM, updated 16y ago
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#1
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Junior Member
11 posts Joined: Oct 2009 |
Need advise on how to get property loan for full time stock trader? Can they qualify as they only have stock and share plus cash with no income tax statement or salary payslip. Can some one advise?
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May 2 2010, 09:10 PM
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#2
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Senior Member
930 posts Joined: Sep 2009 |
QUOTE(einvest88 @ May 2 2010, 09:01 PM) Need advise on how to get property loan for full time stock trader? Can they qualify as they only have stock and share plus cash with no income tax statement or salary payslip. Can some one advise? Almost impossible if you have no proof of income.Certain banks may consider if you're taking a low Margin of Finance. Call/email me for further details. |
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May 2 2010, 09:26 PM
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#3
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Junior Member
11 posts Joined: Oct 2009 |
QUOTE(R o Y @ May 2 2010, 09:10 PM) Almost impossible if you have no proof of income. Proof of income will be the share transaction records, and asset holding could verify from share holding and cash savings. Is that sufficient?Certain banks may consider if you're taking a low Margin of Finance. Call/email me for further details. |
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May 3 2010, 09:27 AM
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#4
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Senior Member
7,923 posts Joined: Feb 2007 From: 1 Malaysia |
provide 6 months personal bank statement.
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May 3 2010, 09:52 AM
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#5
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12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... |
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May 3 2010, 07:52 PM
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#6
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Junior Member
204 posts Joined: Oct 2004 From: 槟城 |
you must be loaded with cash to be a fulltime stock trader lol. Anyway, gluck in searching for a bank. If you have lots of cash/stocks, i think they'll take into consideration. Go get your certificates of your share. It may be useful when you want to apply for such things.
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