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

can anyone let me know , how much entitle for housing loan?which bank can give higher loan?

salary net [hide][/hide]RM2010.00[hide][/hide]
house price is RM230K.

commitment only credit card hsbc/public bank [hide][/hide]+ - RM350.00 per month[hide][/hide]
[hide][/hide]can my husband (age 37) and my brother (age 37) ( take up loan (combine loan)[hide][/hide]

hope someone can help me on this matter


thanks in advance
amutha

hi Amutha,

Regarding your case, the bank will give 90% of the selling price. Why u did not join name with your husband for taking loan?
Base on your personal income there is not enough.

Where r u from ? what property and location ?

thank you.

Kang

Hi Kang
thanks for you reply.
I can't apply as my name may be in CTOS due to black list (guarantor to my brother for house, he started paying frm last year after numerous reminder)That is why i ask whether they can take join loan or can my brother be as a guarantor

i am frm ampang
double storey at sri gombak

Good morning Amutha,

Refering to the case, you are in bad position to apply any loan (both you and your brother).
Serious and appreciated talk will improve your future status.
Looking foreward to your prompt reply.

Best regards

Lim Chong wan

Hi Lim
take note on ur advise.Thanks
Yes:) we do discuss each others and my brother is start to pay the arrears every month since last year, even the bank also was help us on to re-loan and to reduce the monthly repayment.

Amutha,

I just curious if you have sort of your case? I just got back to Malaysia and notice your thread. I'm a frequent person who like to share my opinion in this forum. Frankly speaking your case is simple...

First of all when did your brother took up the loan? How serious is his loan repayment until you were effected with the CTOS. Have your brother refinance or restructure his loan?

Other than this, the house that you interested is RM230k right how much is your husband take home income? as you can see if you are taking 90% loan = RM 207,000, your installment is around RM 1,050, if his income is RM3,000 above then he can apply the loan using his own name. Also bear in mind of his level of commitment that he's having now and his CCRIS payments.

If you need further clarification do drop me a line or i can be contacted via 013-3808203. I can show you how you can plan for your loan strategically.

Regards,
Martin Lau
D'Venture FlexiHomes