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Financial 3rd HOME LOAN CRITERIA?, Latest experience applying loan...

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post Sep 15 2011, 02:36 PM

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QUOTE(EDK @ Sep 15 2011, 08:43 AM)
Yes, was trying myself as a guarantor and my sis as main applicant, was told the income ratio can be 70(myself):30(my sis) but still get rejected reason given was

RHB: Boss said cannot now.
OCBC: Too many existing housing loan/property. I got 3 under my name & actually 2 is residential 1 is commercial title.
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very likely income isnt sufficient to support all loans including the new one. (debt ratio burst)

 

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