Mortgage Loan Approval Services

Most of the people obtain a housing loan from a banking institution. There are more than 16 banks in Malaysia, and these banks offer different packages to cater to the needs of different users. Different loan packages will have various features, fees, and charges; each bank will have its requirement and quality of services. Hence, you need to make sure you have all the bank’s requirement for your housing loan application.

There are many types of housing loan provided by the banking institution such as term loan, fixed rate loan, overdraft loan, flexi loan and many more. Based on your current financial status, each of them have its own advantages and disadvantages, you might need to check it out which provide you the best solution.

Purchasing a house can be considered as a form of investment. Owning a property is also one of the key financial goals. You need to know whether you can afford based on your current income and savings. Your current financial situation plays an essential role during your loan application. The loan officer will look into your current income, savings and credit history and make an assessment on your debt service ratio (DSR) to see whether you can make repayment on your housing loan.