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

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yahiko
post Feb 4 2015, 10:53 AM

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still not sure to refinance or to take up new loan.
Need more info
any penang HLB agent please PM me.
thanks
yahiko
post Mar 28 2016, 03:58 PM

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Need advice.

1. Can non citizen be my guarantor for house loan in Malaysia loan lower than 500K?
2. Any help on parent pass retirement age to become a guarantor even if she still working?

thanks
yahiko
post Mar 30 2016, 12:52 PM

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QUOTE(Madgeniusfigo @ Mar 29 2016, 07:51 PM)
Dear,

1. Can't be done, he she has to be a malaysian citizen, because as a guarantor, he/she is responsible for any default happen upon the mortgage, if they are foreigner, they hold no responsibility at all.

2. They have to have income, if not it beats the purpose of having a guarantor. Guarantor is to take responsibility if any default were to happen. If guarantor has no income, who else gonna pay off the debt?

Cheers
*
2. Have income but already pass retirement age. ( mean still working even after retirement age) still a no?
yahiko
post Mar 30 2016, 01:29 PM

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QUOTE(lifebalance @ Mar 30 2016, 12:55 PM)
Ya still can put in
*
the question is: will it help? income lower than mine. if not much help no point to put in right..
yahiko
post Mar 30 2016, 01:41 PM

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QUOTE(lifebalance @ Mar 30 2016, 01:40 PM)
Will not help just. Just to use as joint applicant to support document if just started work otherwise cannot help much
*
noted.. thanks for all reply notworthy.gif

 

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