QUOTE(thunderaj @ May 21 2012, 06:07 PM)
I called the office and SA told quite a number did not sign the SPA yet .I ask why ,she mentioned many still pending bank loan approval.
Weird, officer there told me different story.Added on May 22, 2012, 10:52 am
QUOTE(RomaNce @ May 21 2012, 09:47 PM)
Nowadays loan hardly approved which is based on net income. Mean ur bring home pay minus all expenses inclusive of car loan, housing loan, credit cards debt. Once net income, loan will be approved by different based on different bank. Example cimb give u 60% loan based on your net income. If u earn 5000, bring home pay is 4000, net income minus car loan 1000 will be 3000. 60% of 3k will be 1800. If the loan u applied with monthly installment of 2k, u hardly get the loan approved even u with 5k salary.
That's why.Luckily i applying loan before JAN 1, 2012.
And then I applying loan with my wife together.
Clean record, no debt on credit card, not even 1 sen of late payment on credit card for 5 years, then only success.
Market is bad now.
This post has been edited by sovietmah: May 22 2012, 10:52 AM
May 22 2012, 10:49 AM

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