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Im planning to retire in 2. 5 years, sell my current home owned outright and purchase a home in another state. I expect to need some amount of mortgage in addition to the approx. 100k from the sale of current home. Will I be able to get a mortgage based on social security, personal annuity, and IRA distributions.
Will they accept those as income at that point. Ive been advised they wont and Ill need to get mortgage and buy home prior to leaving ft work. Thanks so much!.
For Private Limited Company Business Registration details like Form 924 49, SSM Search, etc. Latest 6 months business bank statement latest borang B with LHDN payment receipt or E-filling acknowledgement receipt. For Sole Prop Partnership Limited Liability Partnership Small Traders. Provide Trading License Partnership agreement SSM Professional Practising Certificate. Latest 6 months business bank statement latest 6 months personal bank statement (for sole propsmall traders only) latest Borang B with LHDN payment receipt or e-filling acknowledgement receipt.
Note: For own business Income, the self-employed must own at least 20 of the shareholdings including Partnership and Sdn Bhd. Profit Rates.