Monday, August 2, 2010

LOAN APPLICATION CHECK LIST

NEW HOME LOAN
Personal Document
  1. 1 Copy of IC ( both sides in page )
  2. 1 Copy of Passport & Work Permit ( for foreigners )
  3. Name Card / Business Card
For Employed – Financial Document
  1. Pay slips – Latest 3 months / Commission statement – Latest 6 months
  2. Bank statement – Latest 3 months ( for pay credited into account )
  3. EA form – Latest 2 years
  4. BE form – Latest 2 years
  5. KWSP/EPF statement – Latest 12 months
  6. EA form from previous employer ( for change of employment )
  7. Letter of appointment ( for newly employed )
Self Employed - Financial Document
  1. B form – Latest years
  2. Audited Account / Trading A/C / Management A/C – Latest 2 years
  3. Form 24, 49, Company Registration, M&A
  4. Business Registration ( form A/D )
  5. Bank statement for personal account – Latest 6 months
  6. Bank statement for company account – Latest 6 months
Property Document
  1. A copy of Sale and Puchase Agreement
(original to be submitted to the lawyer upon loan acceptance)
  1. A copy of Land Title ( compulsory for completed properties )
  2. Certificate of Fitness for completed properties purchased directly from the developer

REFINANCE
Personal Document
  1. 1 Copy of IC ( both sides in page )
  2. 1 Copy of Passport & Work Permit ( for foreigners )
  3. Name Card / Business Card
For Employed – Financial Document
  1. Pay slips – Latest 3 months / Commission statement – Latest 6 months
  2. Bank statement – Latest 3 months ( for pay credited into account )
  3. EA form – Latest 2 years
  4. BE form – Latest 2 years
  5. KWSP/EPF statement – Latest 12 months
  6. EA form from previous employer ( for change of employment )
  7. Letter of appointment ( for newly employed )
Self Employed - Financial Document
  1. B form – Latest years
  2. Audited Account / Trading A/C / Management A/C – Latest 2 years
  3. Form 24, 49, Company Registration, M&A
  4. Business Registration ( form A/D )
  5. Bank statement for personal account – Latest 6 months
  6. Bank statement for company account – Latest 6 months
Property Document
  1. A copy of Sale and Puchase Agreement
(original to be submitted to the lawyer upon loan acceptance)
  1. A copy of Land Title ( compulsory for completed properties )
  2. Certificate of Fitness for completed properties purchased directly from the developer
For Refinance Case ( if applicable )
  1. Existing Loan Statement – Latest 12 months
  2. Existing Letter Offer ( LO )

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