Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

my friend age 24 years old wanna buy condo apartment cost RM220K but her gross salary only RM2000 after deduce EPF

totally clean from any Commitment.

is she eligibility for the loan amount RM220K. what is the rate and if possible apply for 40years instead of 30

developer=TLS holding Project= Pearl Avenue, kajang

hi...your friend is eligible to get the loan approve. if you or your friend need to ask further enquiries about the loan approval, processes, you can give me a call at 0125203891.
Before that, i m stephanie whose working in mortgage department in banking field.
Yes there is a chance for your friend to get maxima loan tenure.. anything just gimme a call or u left your contact no here, i call you back. thanks

Hi,
You may contact me at 012-3655331 (Ms. Sin) and I'll be happy to assists you in obtaining a housing loan.

SC Tan,

Frankly speaking with RM2k income is slim chances of approval as you may know, for that amount of loan she will be getting, she need to pay average of RM1,200 monthly installment in view of the current Bank Rates.

Normal bank criteria requires the applicant income to be 3times of the loan amount i.e. with RM 2k... ideal loan size should be RM 600-800 monthly. If RM1,200 this is almost double.

However there are also a few factor you need to consider apart of the income. Such as credit card or other payment history. In your friend senario - you said she dont owe any commitment??? This will be a bit difficult for bank to trace her record.

If she have other people who joint account e.g. brother, mother (this gotta be direct family member) this will help to make her profile more solid.

I'm in this banking line for sometimes. Should you need more information do let me know. 0133808203, I personally offer FREE consultation with no obligation.

Hope you can help your friend in this situation.

SC Tan,

There are quite a lot of guides located at www.iproperty.com.my/financing/ that your friend could read, in order to understand what she can buy, and what are the things involved in taking a loan.

thanks all for the info. Anyway, she finally get the loan from PB bank.