Die with massive DEBTS, A guru told me about that
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 Mar 1 2020, 10:22 PM
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#1
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Junior Member
88 posts Joined: May 2012 
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QUOTE(Pac Lease @ Jan 20 2020, 04:20 PM) i not interested how to use the money, im the banker to help customer to process cash out loan. I know that rentals from property can be used as document to prove income to bank but does bank only use the rental income as supporting document, meaning they won't take it 100%, maybe 20% or something and only use it as supporting document, even only take the payslip income while determining the LA of a borrower?  |
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Mar 2 2020, 07:29 PM
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#2
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Junior Member
88 posts Joined: May 2012
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QUOTE(Pac Lease @ Mar 2 2020, 04:18 PM) tenancy agreement will take in as income calculation whereby with stamping tenancy agreement and latest 6 month rental bank in. normally bank take 70% from the rental. I see, means have to do at least minimum 30% reduction on rental when calculating LA. Means it is impossible for bank to take 100% of rental to calculate LA la, no matter it is LA for company or personal. |
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Mar 3 2020, 06:50 PM
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#3
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Junior Member
88 posts Joined: May 2012
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QUOTE(Pac Lease @ Mar 3 2020, 04:25 PM) yes. even salary earned also wont take in 100% for calculation. Oh now I understand more, that’s the 30% reduction for EPF SOCSO necessary expenses etc. |
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Mar 4 2020, 09:03 PM
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#4
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Junior Member
88 posts Joined: May 2012
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QUOTE(Pac Lease @ Mar 4 2020, 03:32 PM) salary calculation is base on net income ( afer munus EPF and SOSCO ) then x 80% of the net income. Understood thanks. |
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