hey guys does having a study loan will be a deciding factor in banks to award you a housing loan??(ptptn, where by the sum is not as big as those studied at overseas)
Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)
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 Dec 23 2014, 06:40 PM
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Dec 23 2014, 11:22 PM
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QUOTE(wild_card_my @ Dec 23 2014, 08:22 PM) Isn't PTPTN going to be included into CCRIS come next year? Then yes, it will affect your loan eligibility but not by much. Don't worry about it. This is because most PTPTN borrowers have less than 50k outstanding, which isn't much, and shouldn't be the reason to stop you from getting a loan. Actual reasons that stop you from getting the loans are like: thanks for the advice, thus far my commitments to ptptn is quite manageable with my pay and what they are asking me to pay them monthly.a. being a crappy paymaster (you don't pay or pay your installments 'in bulk') b. You have too much CC outstanding (worst commitment calculation. I would rather have RM100k housing-loan outstanding than 50k CC outstanding) c. You are in AKPK programs No one knows how the banks are going to calculate the PTPTN commitments (Will it be like a HL, HP, PL, or ASB loan?), but once we do know I will let you guys know too. Most importantly is that you pay your installments on time ok?  |
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Dec 26 2014, 02:55 PM
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hi guys would like some advice on the start of a housing monthly loan payment:
Per say i signed, and paid the 2% booking fee for a house on the 1st day of the month. And lets say there is a 21 working day period for the loan process to go trough from that 1st day i signed(everything from searching, approval etc etc) and by the 22nd day of the month the agent , me and everyone involved signed the SNP. So when does my 1st month loan installment starts?? the following month or on the same month??  *for ease of calculation the dates are for reference only not any actual dates of the month .(since i know we may have more or less working days in a month) also i would like to ask besides the BNM building in kl is there any other way i can get my CCRIS report??like online or something This post has been edited by mhyug: Dec 26 2014, 03:05 PM |
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Dec 26 2014, 06:28 PM
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wahh jd lg pening hahah.
if i put it like this, the stamp duty + legal fees for the SNP i pay installments in 2 months time after i sign it, and the legal fees and stamp duty for the loan i opt to put it in my loan(if that's even possible lol), so when will my 1st payment to the bank is expected? just a quick check, the legal fees n SNP stamp duty is paid to the lawyer right? and the SNP will only get the go ahead after your loans has been approved. so does this mean the legal fees+stamp duty of the loan must be paid to the bank 1st?? or is it paid to the lawyers also?? and a side note this for a property sub sale(im not even sure what sub sale means, is it the completed homes where the owner asks agent to sell) This post has been edited by mhyug: Dec 26 2014, 06:31 PM |
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Dec 27 2014, 01:07 AM
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ohh thank you. now understand better. and will plan accordingly.
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Dec 30 2014, 10:53 PM
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hi wild card, can you shed some advice on the insurance for housing loans.
some acronym like MRTA/MLTA/MDTA and many more since ive seen different bank seems to have a different name. correct me if im wrong this is all insurance regarding your loan, and on what features do they differ? also per say we do take 1 for our loan, how much do we incur to the loan were borrowing, is it monthly or one shot? and last but not least do we pay another set of fees to the insurance company? |
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Dec 31 2014, 02:56 AM
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huaa thanks for the explanation bro.
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