I tried contacting banks and few brokers for a residential loan. Either they did not return my calls or did not get back to me? - Seedly
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Anonymous

Asked 3w ago

I tried contacting banks and few brokers for a residential loan. Either they did not return my calls or did not get back to me?

I was wondering what could be the issue. One reason I thought is the amount of my loan is too small for them to even bothered.

Any other possible reason(s) why they did not even bothered to even tell me the loan was not approved?

Or they could at least tell me they are unable to proceed the IPA for whatever reason.

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Did you consider a credit check with yourself?

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Question Poster

3w ago

Is it the credit bureau one? yes done. i think it is low risk or grade AA. all cc bills paid in full every month.
Ninja

2w ago

Did you try going down to their branch? I don’t think you can do a loan through a random call
Thank You!
Can you clarify
I wonder if
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Hi there,

I think there insufficient information with regards to your question.

Possible scenarios where you are unable to receive a residential loan:

  • Loan Quantum too small

  • TDSR

  • Credit Score

That being said, they should contact you in any case. You could be meeting with a transactional person, as they don't see an equitable relationship with yourself.

Hope I was able to shed some insight, if you like some help in this area, do reach out!

2

Question Poster

3w ago

Precisely. insufficient information. i also dunno what is going on. at least tell me what u all want. is it 3 mths income statement not enuff u want 3 years statements?
Duane Cheng
Duane Cheng

2w ago

As a guideline, i think if your loan is below 100k, usually they wont be so inclined to take up.
Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about
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