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Investment LOAN approved - 60% from income?, different from one third? anyone?

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puchongite
post Jul 8 2013, 07:35 AM

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60% for lower income earner.

But what's the definition of lower income ?
puchongite
post Jul 8 2013, 10:39 AM

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QUOTE(JustNobody @ Jul 8 2013, 10:34 AM)
I believe now is 60% of NET income is the rule they will follow from now on and this is include all your whatever loans... Big hit to property but I think this limit our fellow Malaysian only...

Better keep your property and don't sell, after you sell it, very hard to buy back... My 2C... Hehehe...
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Keep the properties and don't sell ? Then agents will be out of job !

 

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