Many people assume that if their property is destroyed, the loan obligation disappears, but the reality is far more complex.
Learn how Loan-to-Value (LTV) and Debt-Service Ratio (DSR) influence your mortgage approval, interest rates, and down payment in Malaysia. Includes formula, examples, and expert tips.
Learn how DSR impacts your home loan approval in Malaysia. Understand the formula, ideal DSR limits, and expert tips to improve your chances of getting approved for a mortgage.
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CCRIS and CTOS. These terms may be daunting to you, especially when you're about to take out a loan.
Plus, what do credit scores mean, and how do you get a good score?
In this article, we'll explore what they are and why they matter, especially for future…
Can you afford a RM1 million house on RM3k salary?
The question that remains is whether or not the bank will approve your loan!
Once you know how much loan you can get on your salary, you'll then have an idea of what type of house you can afford.
Want to find…
Let’s set the situation: you found your dream home, you’ve gotten all your finances in order, and what’s more, your dream house is well within your budget! You fill up the necessary forms, hand them to the bank and then weeks later, you find out that your loan request has been rejected.
When that happens, the…