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

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lus999
post Feb 20 2014, 12:32 PM

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Any bankers can advise me if i buy a new landed house @ RM500k,
how much income should i earn to eligible me a bank loan?
Thanks.
lus999
post Jun 16 2014, 11:00 AM

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Hi, can any bankers advise me if i have a freelance job with income rm2k per month. Is this also can include as DSR? I have another permanent job with a private company more than 5 years. Tks.
lus999
post Jun 16 2014, 11:59 AM

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QUOTE(The Mortgage Specialist @ Jun 16 2014, 11:44 AM)
Freelance work can be considered as additional income as long as you can produce some supporting documents (proof of payment/proof of payment recieved). However, some underwriters may argue on the nature of the job and its relation to your full time job.

If the amount is variable, you'll need to prep supporting docs for 6 months and it will be averaged. If it's fixed then 3 months will do. Each bank differs on how additional income is treated. Some might reduce the amount based on a certain percentage just for added comfort.

Izwar - +60122501523
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If fixed only the payslip will do? Can you recommend which bank will treat as full? Tks.
lus999
post Sep 19 2014, 06:07 PM

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Can any bankers advise if my sister & myself joint name for bank loan of property, RM900k with instalment RM4k/mth. Let say, if she wants to buy a house @ RM600k with her name alone. This is her 2nd house.
What is her DSR?
Will the 1st housing loan of RM4k/mth calculate as full or half as her commitment since we joint name for bank loan?
Still entitle of 90% margin?
Thanks

lus999
post Sep 29 2014, 05:32 PM

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May I know any OCBC and HSBC bankers here? pls pm me.tks
lus999
post Mar 23 2015, 12:05 PM

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Hi, may i know which bank offer for 3rd party loan? tks

lus999
post Sep 10 2015, 02:42 PM

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Hi, Any bankers here do for 100% housing loan? Property price below rm100k.
Pls pm me. tks.

 

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