Anyone who got experience processing loan for singapore dollar earner ?

Nvr declare salary in malaysia b4.

Anyone wanna take my deal pls pm me ur details.

Prefer who can meet in singapore or kl or cheras area.

Thx

Hi need some help here,

1) if join name to buy a residential house, the commitment will be 50% each ?

2) if already join name to buy 1st prop which is residential house, 2nd property is commercial property, still can get max 80% loan ?

if future want to buy 3rd property, another commercial property, max 70% loan too or still 80% ?

3) Some bank offer BR lower + interest rate high, some bank offer BR high + interest rate low. What is the pros and cons ?

Thanks....



how

Hi thx bro for your reply

regarding item 3, so it means the BR will keep on changing even we have secured the loan at this point of time with certain BR ? withour our consent ?

or is ther any kind of loan with fixed BR ?

thx to dear sifus who explain the BR system to me,

oso got some qestn on MRTA VS MLTA,

i done some research, pls correct me if i'm wrong

MRTA
1) value drop accordingly
2) cannot be transfer
3) terminate if refinance
4) cheaper
5) can be included as part of the loan

MLTA / MLA
1) difference btwn MLTA and MLA , MLTA offered by banker, MLA can get quotation from external insurance company ?
2) both got value and do not depreciate
3) more expensive than MRTA

however i m not sure about the following,

4) wat happen after we fully paid up the property ? can we withdraw the premium paid or we can withdraw the sum insured ? is it similar to those insurance saving plan etc ?

5) wat happen if i choose to refinance or sell off the property ? can i transfer the policy to other property ? any penalty charge or tranfer fee applicable ?

6) in term of law, is there any min sum we need to cover our property ? like how many percentage of the property price ?

7) How the MLTA / MLA premium being calculate ? purely based on the sum insured or is there any rules of thumb , like how many RM = RM1k coverage ? for me to estimate the monthly premium

8) If i opt for MLA instead of MRTA or MLTA from banker, how is the process ? i should get the loan first or i should go direct consult with the external insurer ? what is the correct procedure ?

9) would the monthly premium be included in my DSR ? as it is not cheap and may eat into my 10% salary or even higher, would it affect my loan ?

thanks for any sifu can help on the above

bro thx for reply

For example, if i wanted to cover full loan amount of 640k, so the premium will be 3.2% x 640k = RM20,480. Which i can pay in full at the beginning or i can pay in monthly premium to the external insurer. Is that correct ?

if i choose MLA, can i opt for it to be included inside my loan financing ? Or i must choose MLTA ?

final "loan repayment + MLTA / MLA" cannot be over my monthly DSR, is tat correct ?

thx clear all my doubts , just tat MLA is really exp

thx bro for the info

I check the form, there is a need for thumb print verification ? how u do tat by email ?

ohoh, i thought they need to access my ic for thumb print, those kind of thing

Good try it out later

Hi,

I first time buy prop,

It is a 2 units of commercial prop, shopping mall lot in kelantan, total value ard 900k

Paid 10% deposit, waiting to pay another 20% within next few weeks

Any banker who can meet up in kuala lumpur , pls pm me

I check my record, looks like i contacted you previously, hahahaahaha

No matter how, i whatsapp you just now again

hi found that the bank panel is bank rakyat,

any bank rakyat banker can pm me, or anyone knows of any banker from bank rakyat pls pm me their contact

thx

I got a complicated situation here,

I work in singapore,

And now new job just started like 3 weeks ago, the thing borthering me is,

1) i am employed permanent position by company A, but due to Client B request, i was directly engaged by B on a 6 months Contract. B will pay my basic salary, while other things like my CPF (EPF of singapore) and other benefits will be by A

2) so basically i got 2 Offer Letter with me now, one is permanant offer, one is 6 montshs Contract

3) Company A will take over my payment after my Contract with B end after 6 months later, this act as a safe guard to me coz my request is a permanent position not Contract based. And this is stated inside my offer letter by company A.

Anyone face this kind of case before ? I check with my banker, he also never do this, dont know whether i am consider as Permanent or Contract staff......will it be difficult for me to borrow loan ?

but i also got a permanent position aldy with same salary amount and benefits etc, clearly staed they will take over my payment responsibility after 6months

If bank oni take Contract basic for reference, i will be in a disadvantages position , no ? Quite hard to get loan with short Contract .....

if that the case, do they consider giving out loan for this 6 months Contract, or i should stop wasting time within this 6 months

Hi, should I send you my doc to check whether loan is do-able ?

Can i have ur email address

Hi guys, it is now ptptn nvr pay, bank don't approve ptptn at all ?

Guys for foreigner let's say singaporean

Wat is the pro and cons and things to take note for buying prop in Malaysia, let's say kl sentral or taman Desa area ..... any concern on mortgage ?

yup I heard 1 mil for kl area

The mortgage max loan and interest also higher right ?

oh foreigner can join name with local to increase margin

First time I heard , thx