Comments on: Best Mortgage : KWSP WITHDRAWAL TO PURCHASE A HOUSE

By: Melissa

Melissa — Mon, 10 Jan 2011 13:50:58 +0000

Hi Prekash, i already PM you.TQ

By: prekash

prekash — Mon, 10 Jan 2011 05:21:14 +0000

Prekash

What is the condition for full withdraw from my account 2. (Less than rm100K in account 2)

Many Thanks in Advance

By: Melissa

Melissa — Thu, 06 Jan 2011 15:25:43 +0000

Dear Michelle,

I had PM u.TQ.

By: michelle

michelle — Mon, 03 Jan 2011 08:33:42 +0000

can i withdraw my EPF acc2 to buy a SOHO unit under commercial land title?

By: Nura

Nura — Mon, 27 Dec 2010 05:28:51 +0000

Hi,

I would like to know, what is the procedures to withdraw the EPF fund to buy house?

For your information, I have made a withdrawal back in year 1999 to buy an apartment jointly with my spouse, but we have sold off the property. What are the documents needed for me to produce in order to apply for the new withdrawal?

How long does it take to process? I need to know because that the money I need to use for the downpayment of the house I wish to buy. I have to inform the owner so that he can reserve the house for me.

Thanks

Nura

By: CHRISTY THAM

CHRISTY THAM — Tue, 14 Dec 2010 06:05:56 +0000

how much can i withdrawal form my EPF to purchase a house?

By: celine ng

celine ng — Sat, 04 Dec 2010 05:50:52 +0000

Hi,

I have a few questions here, hope to received a fast reply from you.

My husband withdrew his epf acc 2 to buy his 1st house in 1997 and sold off in 2001 to buy our second house in 2001, joint name with me in SPA, his single name in loan agreement. For this second house, he did not withdraw the EPF acc 2 for the downpayment but withdrew after 3 years to reduce the bank loan and has been all paid up since. my question is,

1. now the 2nd house is still not sold and we are now planning to buy another house, will also be joint name in SPA, but this time i will be the single borrower. i know i have no issue to withdraw my epf acc 2 for the downpayment, but i do not have enough or rather very little eligible acc 2 cos i’ve just started working. SO, under such situation, can my husband being a 2nd name in the SPA but not a loan borrower withdraw his acc 2 for downpayment?

2. if the above is not allowed,can he withdraw to reduce the bank loan? how soon can he withdraw?

3. how many percent from acc 2 can we withdraw for downpayment and reducing loan amount respectively.

Hope to hear from you soon.

Thanks

Celine Ng

By: yunus

yunus — Wed, 24 Nov 2010 02:23:32 +0000

hi,

im 1st time home buyer, i wanted to buy new property which i would like to share the finance with my spouse,i need to know cause i’m having problem with financial background so most of the loan will be under my spouse but the house will be together our name.
can i still withdrawn my EPF?

Thanks
Yunus

By: Reinee

Reinee — Mon, 08 Nov 2010 12:27:57 +0000

i have purchase my 1st house on 2004 and withdraw the EPF on 2007 from account 2(the EPF money has tranfer to my personal bank) and now i wanted to purchase second house from developer, can i withdraw again for the 10% down payment ?

Thanks

Contact :

By: Lim

Lim — Mon, 08 Nov 2010 06:11:50 +0000

Question: i plan to purcahse a unit of condominium with join name with my husband. May i know:
1) Can i withdraw ONLY my EPF to purchase the house?
2) If to withdraw ONLY my EPF, will the entitlement be reduced to 50% of the eligible amount i.e. 50% of the difference between the house price and the loan amount plus an additional 10% of the house price.
3) It must from both of my & my husband’s EPF?