Dear Gurus,

I am looking to secure a home loan, which is my first property. The developer Sime Darby don't have agent selling hence i need to look for my ownself for banker to finance. Contacted one of contact given, was told need to pay RM50 for CCRIS check? Is this true?

My details as follow:

1. Income RM7.4k (take home after deductions is RM6.1k)
2. Car loan repayment RM1020 monthly
3. Credit card debt RM14,000
4. Plan to use EPF for first home, Acc 2 around RM40k

Property:
1. Price is RM830,000
2. After developer discounts is RM745,000


Would I be able to secure this amount of loan? Any help greatly appreciated.

Hi Keith,

I don't really understand the 10%+40k / 40k inside 10%?

Any way to reduce my commitments just by lowering my CC outstanding amount?

Just found my note back from

Unit price is RM828,800
Developer discount is 5% and RM30,000 (so total discount is rm41,440 + rm30,000 = RM71,440

Price after discount is RM757,360
I need to pay rm5,000 as booking fees.

So, the 90% loan, is it 90% of RM828,800 or is it 90% of RM757,360?

How much CC outstanding balance should I clear? 2-3k enough?