Dear kusyah

1. If you have 2 mortgage loan and remortgage the 2nd property, you are still entitle for 90% margin of finance.

2. If you have 3 mrtgage loan and remortgage any 1 of the loan, you are only entitle for 70% margin of finance.

Dear,

1. Ccris check is free, given that you print it at BNM, it will cost Rm2-10 if printed through 3rd party. Rm50 charges is a hoax la..
However, I provide free CCRIS and CTOS check for genuine buyer.

2. With your income RM7400, debt car loan and credit card debt outstanding Rm14,000. Your max loan is RM620,000. Max margin of finance 75%.

3. If you are able to clear off your 14k debt credit card outstanding, you stand a chance to finance 90% for your RM830,000 property.

4. Using EPF acc2 as downpayment cash is not an issue. Your priority here is to secure 90% financing.

5. My advise is clear off your credit card debt or joint borrow.

6. My advise will be more quality after I checked your ccris, ctos and income documentation.

Dear Lucifah,

1. To be more exact and accurate with my loan analysis. May I know Rm10-13k did he issued as director fees?

2. Is his company an enteprise, sdn bhd or llc?

2a. How many years has his company established

2b. what's his director shares in the company?

2c. What's his business nature?

2d. Did he pay income tax form B?

2e. Does he issue director fees for himself?

3. To determines his income from his business, I would need to calculate based on hos company bank statement credit balance.
Could you list down his company bank statement monthly credit balance?

Month of
12 :
11 :
10 :
9 :
8 :
7 :


Question seems lengthy, but this will help determined how much income can be derived from his company.

Dear,

1. Your partner is your spouse?

2. FD joint name, hence Rm42k for your part. Make sure it has more than 1 month mature period left.

3. I overstate your car loan installment as bank calculation usually higher.

4. personal loan credit limit around 8k right?

5. With all your given income and debt details is correct. Your max loan eligibility is RM600,000 for HLB and the rest do look at yellow highlight at right bottom section for each bank.

6. Your income is high due to bonus contribution. Rm400k property shouldn't be a problem

7. 100% loan is possible but chances not high, due to the fact, DSR almost 60%, however this really based on your profile, company type, your profession type. Hence, I can;t promsie you but I can try with 100% loan.

8. 90% Margin of finance is high. However, I don't want to promsie you yet, as I need to look at your ccris, ctos and income documentation before giving you my assurance.

9. If you need help, don't hesitate to ask, I don't bite.



This post has been edited by Madgeniusfigo: Jan 12 2016, 11:38 AM

Hi,

400k loan can do if you settle off the CC and PL. Feel free to contact me.

Keith

Hi, I am unable to see the table mentioned

Dear,

1. Your partner is your spouse?

2. FD joint name, hence Rm42k for your part. Make sure it has more than 1 month mature period left.

3. I overstate your car loan installment as bank calculation usually higher.

4. personal loan credit limit around 8k right?

5. With all your given income and debt details is correct. Your max loan eligibility is RM600,000 for HLB and the rest do look at yellow highlight at right bottom section for each bank.

6. Your income is high due to bonus contribution. Rm400k property shouldn't be a problem

7. 100% loan is possible but chances not high, due to the fact, DSR almost 60%, however this really based on your profile, company type, your profession type. Hence, I can;t promsie you but I can try with 100% loan.

8. 90% Margin of finance is high. However, I don't want to promsie you yet, as I need to look at your ccris, ctos and income documentation before giving you my assurance.

9. If you need help, don't hesitate to ask, I don't bite.

Dear Madgeniusfigo

If I have 2 existing mortgage loan and would like to remortgage 3rd property which is free from encumbrances, is it also MOF 70% only? If yes, is there any other possible way to get MOF 90%?

This post has been edited by kusyah: Jan 12 2016, 05:37 PM

unless u fully settle either 1 of ur first or 2nd property only can.

Dear,

1. Due to it's 3rd property refinance, it will be come 3rd mortgage loan, hence it will only be eligible for 70% margin of finance.

2. Possible way 1. refinance 2 of the current mortgage loan, you will be eligible for 90%

3. Possible way 2, settle either 1 of the mortgage loan

4. Possible way 3, 3rd party financing, SPA A+B name, borrower B name. Hence debt and income will based on B. Find a family member B who has mortgage loan less than 2 mortgage loan.

I see, ok noted and tq

Thanks for the options.

Bro, can explain a bit how possible way 1 works? Refinance both into 1 loan or? Sorry noob here

Hi madgeniusfigo or anybody that can help,

I would like to know the amount bank can offer for my 2nd property housing loan based on my income and my wife

Gross Salary RM 5200
2015 bonus about about 4 month

1st house loan RM500k (under my name) will be paying RM2.3k per month (currently paying interest as house undercon)
Credit Card Outstanding RM 3000 (target to pay full by Feb or March)

Partner (Wife) Income
Gross Salary RM 3700
PTPTN RM10k paying RM200 per month
Personal loan RM15k paying RM280 per month

What is the max value of house that we can get?

Thanks in advance!

This post has been edited by ask_dino: Jan 13 2016, 10:42 AM

What's your monthly installment for 1st house loan 500k

and PTPTN 10k outstanding monthly paying how much ?

Personal loan RM15k monthly paying how much ?

Personal loan RM307 monthly how much ?

If need faster result can call me or leave me ur contact

Updated info on my post as follows:

Gross Salary RM 5200
2015 bonus about about 4 month

1st house loan RM500k (under my name) will be paying RM2.3k per month (currently paying interest as house undercon)
Credit Card Outstanding RM 3000 (target to pay full by Feb or March)

Partner (Wife) Income
Gross Salary RM 3700
PTPTN RM10k paying RM200 per month
Personal loan RM15k paying RM280 per month

Can buy up to 660k

Thanks! any lower interest??

Hi,

Market value more than RM450k, but I plan refinance for 400 or 450k..
What's the interest rate ya?

Thanks
Chan