Just got update from my banker, my loan has been REJECT by bank because:

-Clean CCRIS (no personal, car, asb loan, no credit card)
-Low balance on personal account
-Overall credit is weak
-Fail credit scoring

To add up some more, I'm on probation with government agency (Nearly 6 moths working)

Is there anything I can do to apply for house loan??

CIMB Bank, maybe due to I'm still under probabation.

1st attempt: Me (single applicant) FAILED
2nd attemtp: Me and WIFE (joint applicant) FAILED

Both of us dont have any loan with bank. 

if u still underprobation, quite hard for bank to approve. but if im not mistaken, gov will take 2 years to confirm rite?

get a credit card, pay for groceries fuel etc, pay full amount every month just to built ur credit record.
then wait untill u get confirmation, then only u apply.

hi all, i am only 26 years old, my question is should i get MRTA or MLTA ? bank officer told me that MLTA premium is high, costing bout rm400 a month (dunno why its monthly basis). MRTA is about RM 11k which will be included in the loan.

Further question, i dont plan to stay in this property forever, is it wise to get mrta? since i understand from sifu sifu here, it will 'burnt' after i sell it off

and further to the above, i am working in a law firm and the bank doesnt allow me to do the loan myself (i wanna save on the fees). is it true ? any bankers can confirm the same?>

Can MLTA/MRTA be purchased later? for example I bought a house a year ago without it and now I'm thinking of getting it, is it still possible?

I tot close shop dy. is been N years never heard this name dy.

can confirm its full panel, can u pls workout the mrta and mlta premium for me? loan is 350k, house pp is 390k.

thanks 

No different punya. All can do.

Don't skl to public la leng lui. You gao dam say which bank want full panel.

Hi all, I want to ask all the experts here

What's the lowest rate possible for the following:

Loan amount: 270k ( first property )
Tenure: 30 year
without MRTA/MLTA
full flexi ( amount in the CASA will offset the interest rate? If not, please advise on the difference between conventional loan vs semi-flexi vs full flexi )

Existing car loan: RM485 per month
Salary: 6.5k / month

Dear sifus, I am preparing to purchase first subsale house but I am not sure how much should I prepare for the entry costs.

Based on my understanding, If I were to loan 90%, I need to prepare 10% downpayment. What about S&P and Loan agreement legal fees and stamp duty? I found few websites that provide the calculation. Some websites includes GST, some don't. So should I take account of 6% GST?

Please enlighten me

Anybody know the best rate public bank can offer?

I'm 31 this year and my nett salary is RM8k after epf and all loan commitments. I'm just wondering roughly how much loan will I be able to get from the bank? Most likely a 30years tenure... I'm just curious to know the rough loan amount I can get just so for planning purposes. Thanks!

My monthly fixed loan repayment is car at RM1.2K
No other loan commitments

After car loan and epf I'm left with around RM8k

My monthly spending (food, entertainment, fuel etc) usually RM1.5k to RM2k
Money to my parents RM2.4
Home bills RM300

My credit card bills are always settled on time, usually RM500

That's pretty much how I spend.

Property 198k loan 90%,may I know roughly the rate for interest can get about 4.4?

Hmm... Ambank so hungry for biz

Current loan oustanding : RM237,000
Current interest rate : 4.85%
Current monthly installment : RM1180
Current market evaluation price for house : RM380,000

should i refinance due to lower interest rate now 4.4% ~ 4.6%
do not want to take cash, just want to lower monthly commitment
is it possible through refinancing?

thanks

Thank you for your insightful response.

As for criterion b), in the event that the DSR for myself stands at 78%, but if jointly it stands at around 40%, will they consider the DSR for myself or jointly?

Thanks.

Hello guys,

Recently I have some cash, was told not to put in FD though FD promo interest rate is 4.2% per year. Guess the right decision now is dump the cash into my house loan principal right?

What's the effective house loan interest rate? I only know mine is BLR minus 2.4%

thanks guys