hi all.. currently what is the best rate and by which bank?
thank you..
Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!
Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!
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Jan 26 2019, 12:11 AM
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#1
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Junior Member
84 posts Joined: Jan 2019 |
hi all.. currently what is the best rate and by which bank?
thank you.. |
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Jan 26 2019, 12:20 AM
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#2
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Junior Member
84 posts Joined: Jan 2019 |
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Dec 4 2020, 10:21 PM
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#3
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Junior Member
84 posts Joined: Jan 2019 |
hi all, pure commission earner here
net income received july 3.3k august 4k september 3k october 4.9k november 4k december 16k rental income 2.5k per month (im the only owner) commitment car loan 800 per month joint name housing loan 2.6k per month, so consider 1.3k commitment for me? last year my earning very low, so borang b not beautiful, is it possible for me to get a 600k housing loan? thank you!! |
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Dec 6 2020, 12:24 PM
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#4
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84 posts Joined: Jan 2019 |
QUOTE(ngph988 @ Dec 6 2020, 12:14 PM) Could you share me your breakdown of basic salary + any fixed/variable allowance + commission? im pure commission earner, no basic salary, only the 2.5k rental is fixed income.And what's your current age and are you looking for single name application or joint name? 35 now, looking for single name application. is it possible? |
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Dec 6 2020, 01:16 PM
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#5
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QUOTE(lifebalance @ Dec 6 2020, 12:39 PM) the 6 months are like 1 year commission alreadyim not sure of latest bank guideline, now 2 years borang b is a must? last time give bankers borang b they say no need, just 6 months latest commission statement will do.. im in property line, myself feel 50:50 .. so asking to see whether its even possible thank you!! |
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Dec 6 2020, 03:38 PM
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#6
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84 posts Joined: Jan 2019 |
QUOTE(eugenelam85 @ Dec 4 2020, 10:21 PM) hi all, pure commission earner here net income received july 3.3k august 4k september 3k october 4.9k november 4k december 16k rental income 2.5k per month (im the only owner) commitment car loan 800 per month joint name housing loan 2.6k per month, so consider 1.3k commitment for me? last year my earning very low, so borang b not beautiful, is it possible for me to get a 600k housing loan? thank you!! QUOTE(eugenelam85 @ Dec 6 2020, 12:24 PM) im pure commission earner, no basic salary, only the 2.5k rental is fixed income. 35 now, looking for single name application. is it possible? QUOTE(eugenelam85 @ Dec 6 2020, 01:16 PM) the 6 months are like 1 year commission already im not sure of latest bank guideline, now 2 years borang b is a must? last time give bankers borang b they say no need, just 6 months latest commission statement will do.. im in property line, myself feel 50:50 .. so asking to see whether its even possible thank you!! QUOTE(lifebalance @ Dec 6 2020, 03:00 PM) you mean to say from Dec - May = RM0 while Jun - Nov = you say that's your entire year comm for 2020 ? july to december as stated in first post, january to jun got some only, negligible amount..may be my question should be like this, is it possible for me to get a 600k loan with only latest 6 months commission & 2.5k per month rental income? commitment car loan 800 per month joint name housing loan 2.6k per month, so consider 1.3k commitment for me? thank you!! |
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Dec 7 2020, 01:45 PM
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#7
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QUOTE(ngph988 @ Dec 7 2020, 09:21 AM) if base on recent 6 months commission statement + rental income, DSR should be within guideline. However, different bank will have different recognition on commission income and rental income QUOTE(lifebalance @ Dec 7 2020, 09:50 AM) ok, im clearer now, thank you so much!! ngph988 liked this post
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