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 Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!

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cwhong
post Aug 22 2013, 12:38 AM

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From: The place that i call home :p

I have a property A, still service the loans and planing to sell the property A and buy property B. the value of prop A around 370k and the props B about 460k, to avoid the troublesome of loans applications can i just transfer the loans for props A to B ? Using the same bank which serve my loans currently.......

Is this workable......? Thanks
cwhong
post Aug 26 2013, 01:41 AM

Growth company seeker ..... :)
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Senior Member
4,342 posts

Joined: Apr 2010
From: The place that i call home :p

If retired people can get loans ahh? Max is 70 yrs old right, if can!

QUOTE(wild_card_my @ Aug 22 2013, 11:56 PM)
It depends, some banks allow upgrades while others do not. May I know which bank the house loan is under?

Alternatively, you can sell the current house now, and once you get the Sales-purchase Agreement (SPA) between you and the buyer of your old house, you can use that document as PROOF that you have sold the house, and the bank for your new house will say "Oh, you have sold that old house, so this loan commitment for the old house in your CCRIS can be ignored"
*
Under uob, thanks for the second paragraph.. smile.gif
cwhong
post Apr 7 2017, 12:13 AM

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From: The place that i call home :p

Need a mortgage loan from local bank. Prefered maybank, hong leong, ambank, hsb. Pls pm me.

 

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