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Would like to know if we can have 2 names in the S&P Agreement if only one of us is the borrower. Is the bank who decide to have either 2 names or 1 name in the S&P or we as a purchaser can decide ourselves?
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1 Answer

Caiyi Choo
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hi
joyce

as ex banker mortgage specialist in foreign bank experienced .just to give you some solution
geran can have 2 names

one borrower also can with strong income documentto apply the loan from bank ,
chargor also can without document in same application form

income of borrower will decided in margin of loan

income of borrower also decided of the the property purchased,if the property amount exceeded the front end of margin , then need 2 borrower combined income in order to get the higher margin of loan.

should you need toknow more
pls call
caiyi
Senior real estate negotiator
DHenry Valuers Realtor
 0195575037 
caiyi_choo@yahoo.com Read More
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