Thanks alot for your advice.

Any banker can help with sg blue collar worker getting home loan in malaysia? Please pm me

Cimb and maybank only approved 80% loan
I prefer to get 85-90% loan...

Age: 33
Gross salary: rm6245
Bonus: 2 months bonus of basic salary (rm5375 X 2)
Car loan: rm1400
Location: johor
Prefer not to have joint name

I plan to buy rm753k house

Am I entitled to get 90% loan?

Thank you very much

This post has been edited by uk15029: Dec 25 2020, 02:16 PM

No, not possible

What's the maximum loan margin I can get?

Hi all Sifus here
I’m going to sign my SPA next week (first home)

Any advise for me / anything to take note when signing ?

Thank you all 🙏

Make sure ask lawyer to explain the crucial clauses and what hidden fees to take note on

......................................

This post has been edited by eunicesum: Jan 20 2021, 05:18 PM

My banker told me that all housing loan only approve at 80%. Is it true?

Not true

CIMB just offered me 90% but interest rate is 3.1% consider high right?

my loan is approved 80% after HOC discount and not at SPA price!!!

So SPA - 10% (hoc discount) = Price After Discount

Price After discount * 80% = Loan Amount


the different is i need to topup another 50,000!! hahaha


malas aku beli rumah, orang kaya saje

btw this is first house

means bank found out got discount

To all the sifu here, can i get some advice on how much loan can i get and the tenure


Prop value 750k, sub sale, single name


Age 28, single

Income 5.3k gross, bonus 1 - 3 month per year

Commitment

Car loan outstanding 60k for 7 years (instalment: RM800 per month)

Thanks!

560k, 35 years

Loan eligibility around 580k. Suggest you to joint name or lower the purchase price.

Do you have any additional income such as commission, dividends and etc?

Hi all, looking for some advice here.

Applicant A (Age 32, working in financial sector, not bank)
Gross Income = RM7,500; Nett income = RM6,100
Commissions are paid quarterly basis (on average 2-3 months per quarter)
Gross income during commission months (February, May, August, November)

Summary for past 6 months
July = Gross income @ RM7,500, Nett income @ RM6,100
August = Gross income @ RM22,500, Nett income @ RM16,000…..2 months commission
September = Gross income @ RM7,500, Nett income @ RM6,100
October = Gross income @ RM7,500, Nett income @ RM6,100
November = Gross income @ RM30,000, Nett income @ RM21,000…..3 months commission
December = Gross income @ RM7,500, Nett income @ RM6,100
January = Gross income @ RM7,500, Nett income @ RM6,100

A’s monthly commitment
Housing Loan = RM2,950 (joint-name loan, not with Applicant B)….not sure if bank will calculate using RM2,950/2 (ending in 27 years)
Personal Loan = RM2,000 (ending in 3 years)……for family purpose (unable to disclose further)
Car Loan 2 = RM875 (ending in 5 years)
Car Loan 1 = RM505 (ending in 14 months)
Credit Card = RM800 (ending in 9 months)
Applicant B (Age 29, working in accounting firm)
Gross Income = RM4,700; Nett income = RM4,000

B’s monthly commitment - Nil
We are looking to get a mortgage loan valued at RM550,000, tenure at 35 years. What are the chances?

If the abovementioned chances is slim, what if A had paid off Car Loan 1 & Credit Card before applying for the loan?

This post has been edited by Dreamer09: Aug 5 2021, 11:07 AM

Looks okay to me for 550k

ask if there is monosodium period of selling

DSR within bank guideline for joint loan at RM 495k (90% margin of RM 550k).