You are EPIC, seriously EPIC.

I will show you the next AIA letter offer next week after my client sign, 1.5Million.

I don't need to proof your firm had to include MRTA, just letting you know my side don't have to, and you could submit through a new channel. However you babyrage for no reason...LOL...... such professionalism...

Well, good luck to you.

Cheers

This post has been edited by Madgeniusfigo: Apr 27 2016, 12:30 PM

Dear

1. You mean your savings is located at foreign bank or offshore bank? haha...

If at foreign bank lets say well fargo or bank of america, just provide the bank statement summary, this will be enoough.

2. If you have atleast credit card, it is good enough, moreover low utilization for credit card will improve your scoring Yes, it gives a good impression.

Cheers

Dear,

1. If your loan rejected, it really depends on what's the reason. Is it because your income low, or credit scoring low.

2. If income insufficient, can add another joint borrower or any additional income will do.

If scoring low, usually need to add another borrower to help boost the credit scoring.

Cheers.

Dear,

1. Shares dividend will be considered as your income

2. Shares will be consider as your assets which will boost your credit scoring

3. Just provide me the Shares cert and statements will do.

Cheers

Dear,

1. It really depends on what's the different in your commission for every month. If the deviation is less than 20%, can take in 100% of the commission.

2. Most of the banks give good margin for commission and basic salary.

You can try
RHB, AMBANK, CIMB,PBB, Maybank, HLBB

Cheers

Dear






Do have a read, at least will give you some hindsight on what you need.
I need to have a one on one meet up with you, to know your needs, objectives and future plan. So that I am able to advise which package suits you. So that you can decide on your own, what's beat for you.

2. Most of the bank offer good package and rate for their preferred target customer.

I would need to know both of your profiles before letting you know which range of banks will be best for your profile.

Do file up below questions, so that I have a gauge on your financial profile strength.

Dear

1. I would able to help you check your property market value now with all the panel Valuers, to get the highest market value, so that you are able to cash out the Max, if you intend to cash out Max.

And knowing which bank will your loan able to be finances with.

2. Would you provide more details such as below? To check market value

a. Full address
b. property type

3. I need below details, so that I would knowhow strong is your profile and how.much you can refinance and cash out with the banks.



Cheers

Its beat if you are able to provide me.the letter offer you received, so.that I can identify the meaning and explain to you.

Cheers

This post has been edited by Madgeniusfigo: Jun 22 2016, 11:45 PM

Dear

Dear,

1. Based on the details given by you, Your max loan eligibility for each bank is as follow:
Rm
AMBANK 108,930.38
HONG LEONG 300,796.21
MAYBANK 185,676.71
OCBC 108,930.38
RHB (525,685.57)
UOB 147,303.55
CIMB 224,049.88
AFFIN 262,423.05


"2. The best bank to get the highest loan would be HLBB. However, each bank has it's own ball game
Different bank will calculate your income and debt accordingly based on each bank's different policy. Hence,
I would need to do a due diligence on your profile before suggesting the best bank to proceed with."

"3. I would need to check you CCRIS, CTOS and income documentation before giving you any assurance.

If everything goes fine, 90% shouldn't be a problem for you."

4. Well, technically your scoring will be lower, however if you could prove your new job 1 month salary and bank statement crediting, bank will use the newest income of your new job. Income will be justifiable.

Need extra document:
1. Job letter offer

. If you need my help, do feel free to contact me. I will be all ears in guiding you towards this rough path.

. I have wrote some articles that help guide first time home buyer to get housing loan, feel free to read it at below link:
5 Tips for employee to prepare for loan application

Few easy tweaks for self employed and freelancer to ensure loan approved

Dear,
1. Based on the details given by you, Your max loan eligibility for each bank is as follow:
Rm
AMBANK 460,478.00
HONG LEONG 652,343.83
MAYBANK 537,224.33
OCBC 460,478.00
RHB 575,597.50
UOB 498,851.17
CIMB 575,597.50
AFFIN 613,970.67


2. The best bank to get the highest loan would be HLBB. However, each bank has it's own ball game
Different bank will calculate your income and debt accordingly based on each bank's different policy. Hence,
I would need to do a due diligence on your profile before suggesting the best bank to proceed with."

3. I would need to check you CCRIS, CTOS and income documentation before giving you any assurance.

If everything goes fine, 90% shouldn't be a problem for you."


4. DO you have fixed deposit, shares, unit trust, or high saving in your bank account? It will help your case. Cheers



. If you need my help, do feel free to contact me. I will be all ears in guiding you towards this rough path.
. I have wrote some articles that help guide first time home buyer to get housing loan, feel free to read it at below link:
5 Tips for employee to prepare for loan application

Few easy tweaks for self employed and freelancer to ensure loan approved



CHeers

Dear

1. Are you purchasing a new house or refinance? Different scenario, the method costs is different.

2. If purchasing new house, spa 2 name and loan 1 name. Not a problem


3. Just make sure the loan borrower person knows that he Bares all the payment and risk himself.

Cheers

Dear

Yes of cos you can.

There isn't any restriction

Cheers!

Dear

1. Yes, all the flexi works this way.

2. For fullflexi. You will have current account, anddlink to loan account. Any amt credited will help you reduce your total interest charges.

3. However not all full flexi is the same, some bank full flexi works just like semi flexi only.

4. no lock in period only applicable for Certain islamic loan and certain bank conventional promotion

Cheers

Dear Vingoh,

How to get subsales property valuation:

1. Every banks has their individual panel valuer.

Valuer: A, B ,C ,D
Bank: 1 ,2 ,3

BANK 1 has valuer A and B
Bank 2 has valuer A and C
Bank 3 has valuer A B C D

Hence, people are confused sometimes that bank itself give different valuation, but in actual fact bank itself attached to different valuers. Hence you will sometimes get higher valuation for Bank 1 than Bank 2, because VALUER B is giving high valuation for that property area, due to new higher sales purchase data collected.

2. When you want to get valuation, you can of cause do it yourself and call the valuer to value your property, but there's 100++ valuers you will never know which valuer are lean in offering higher valuation, even you matched with the Godly valuer who offer highest valuation, you would not receive it as they would offer good valuation to brokers who usually gives them business.

So it's best to let your broker do the job.

3. To get the valuation for the property, you need to provide below details to them, as below:

a. Property full address (Lorong bukit jalil, green avenue condo block 11-2-5, 25200 kuala lumpur)
b. square feet (1200 sqf)
c. Property type (Condominium)
d. Any renovation (kitchen full cabinet, extended balcony.. etc)
e. Selling price (according to how much your seller selling the property to you, RM500,000)

With above info, valuer will able to match the pricing based on their data availability of green avenue, then they will give you a comfortable valuation.

Cheers

Dear,

1. As said, it depends on different valuer, if the banker consult with valuer who doesn't get good value, then it is low.

2. New completed property, usually valuer are reluctant to give higher valuation too fast, because the hasn't had much data yet for the sales and purchase. But there's valuer who dares to give higher valuation.

3. Not sure what's the situation there, but your condo might be RM500k when current owner purchases it, however 3 years later valuation received is RM400K. Hence banker wants the spa to justify the price is RM500K originally. But on his vlauer side, most of th eproperty sold at below RM500K, due to low demand high supply. Just guessing

Cheers

Dear

No sweat

Dear

1. Based on the details given by you, Your max loan eligibility for each bank is as follow:
Rm
A*BANK 79,367.71
H*NG LE*NG 305,913.55
M*YBANK 169,986.05
*CBC 79,367.71
R*B 271,602.09
U*B 124,676.88
C*MB 215,295.21
AFF*N 239,354.38


2. The best bank to get the highest loan would be HLBB and RHB. However, each bank has it's own ball game
Different bank will calculate your income and debt accordingly based on each bank's different policy. Hence,
I would need to do a due diligence on your profile before suggesting the best bank to proceed with."

3. I would need to check you CCRIS, CTOS and income documentation before giving you any assurance.

If everything goes fine, 90% shouldn't be a problem for you."

4. Insurance commitment doesn't take into account

5. Hong leong margin is higher but depends on your profile too, certain debts and income would lower the max loan of HLB

6. Yes, if the house is joint applicant, and you apply loan just yourself, the debt of the property installment will be halve.

7. TO get a more accurate calculation, do provide me:

a. actual borrowed loan amount for CAR
b. actual borrowed loan amount for Property

Do you have any other supporting income?
a. Bonus?
b. Fixxed deposit
c. Shares/unit trust






BIg cheers

Dear.

With FD 50k included

1. Based on the details given by you, Your max loan eligibility for each bank is as follow:
Rm
A*BANK 94,367.71
H*NG LE*NG 327,163.55
M*YBANK 187,486.05
*CBC 94,367.71
R*B 290,352.09
U*B 140,926.88
C*MB 234,045.21
AFF*N 259,354.38


Cheers

Dear

1. Based on the details given by you, Your max loan eligibility for each bank is as follow:
Rm
A*BANK 577,450.00
H*NG LE*NG 818,054.17
M*YBANK 673,691.67
*CBC 577,450.00
R*B 721,812.50
U*B 625,570.83
C*MB 721,812.50
AFF*N 769,933.33
2. The best bank to get the highest loan would be HLBB. However, each bank has it's own ball game
Different bank will calculate your income and debt accordingly based on each bank's different policy. Hence,
I would need to do a due diligence on your profile before suggesting the best bank to proceed with."

3. I would need to check you CCRIS, CTOS and income documentation before giving you any assurance.

If everything goes fine, 90% shouldn't be a problem for you."



4. Can you let me know what's your credit card:

Credit limit / monthly usage

5. why 20-25 years only?

Let me give you an example:

A.
RM400K loan
4.5% rate
20 YEARS

YOur installment/ month would be RM2530.60
Total payment 20 years: rm607,344

B.
Rm400k loan
4.5% rate
35 Years

Your installment/ month would be RM1893.03
Total payment 35 years: RM795,072


The contrast different:
a. The total payment for A is lesser than B
b. The monthly lowest fixed installment payment for B is lower than A. You have to commit RM2530.60 minimum to pay your monthly installment, which is RM700 more than scenario B, what if suddenly you need the extra cash flow?


Hence,

Why not chose scenario B, paying RM1893.03 monthly BUT paying additional rm637.57 (rm1893.03+637.57=rm 2530.60), Your Total payment would be the same as 20 years RM607,344.







Cheers

Dear,

No problem.

Cheers