QUOTE(whoopsylai @ Mar 5 2015, 02:55 PM)
hello,
planning to apply loan for my second property
the property cost RM300k + carpark RM18k
Downpayment RM15k
the house i am currently staying in is under "me and my wife" and loan from Public bank.
question 1:
under such circumstances, is it better for me to get another loan from Public bank or other bank. can anyone help with stating out the pros and cons with regards to sticking to the same bank or going for another bank.
question 2:
can i include the amount for my carpark RM18k into the loan as well
question 3:
the apartment is meant for investment, thus under such circumstances, will there be any difference in terms of loans with lock-in periods compared to loans without lock in periods
question 4:
which bank offers the LOWEST INTEREST !!!!!!!!!
or could anyone suggest me a BETTER way than ME calling each and every bank
Question 1. it's not really and issue, if document and repayment is good why don't submit to few bank and see the rate that they offer planning to apply loan for my second property
the property cost RM300k + carpark RM18k
Downpayment RM15k
the house i am currently staying in is under "me and my wife" and loan from Public bank.
question 1:
under such circumstances, is it better for me to get another loan from Public bank or other bank. can anyone help with stating out the pros and cons with regards to sticking to the same bank or going for another bank.
question 2:
can i include the amount for my carpark RM18k into the loan as well
question 3:
the apartment is meant for investment, thus under such circumstances, will there be any difference in terms of loans with lock-in periods compared to loans without lock in periods
question 4:
which bank offers the LOWEST INTEREST !!!!!!!!!
or could anyone suggest me a BETTER way than ME calling each and every bank
Question 2. If the car park is additional purchase unit, yes can, it will be counted as total purchase.
Question 3. Meant for investment means you plan to sell it off within 3-5 years?
Question 4. It's still depends on your profile and we judge grading from there.