【First Home Buyer】How to Get Loan Approved in 5 Steps (Malaysia Home Loan Mortgage)

Описание: Are you surveying property around and checking property review, but not so sure whether you can get the loan approved in regards to home loan or mortgage?

Here’s a simple guide to learn and worth to share to your friends and family members on how to get the loan approved in simple 5 steps.

Reason why multiply 70% of ur net income is to check the DSR (Debt Service Ratio). Different bank has different DSR calculation. To be safe and avoid being a mortgage slave, 50-60% is healthy DSR to buy a home.

CCRIS stands for Central Credit Reference Information System
eCCRIS: https://eccris.bnm.gov.my

CTOS stands for Country Tip-Off Service:
https://ctoscredit.com.my

[Income Tax Department]
Lembaga Hasil Dalam NEGERI Malaysia (LHDN)/ Inland Revenue Board of Malaysia (IRB): https://www.hasil.gov.my

Agensi Kaunseling & Pengurusan Kredit (AKPK): https://www.akpk.org.my

My Malaysia Second Home(MM2H): http://www.mm2h.gov.my

Bank/Financial Institution: Maybank, Public Bank, CIMB, Ambank, UOB, Alliance Bank, RHB, Affin, Hong Leong Bank, Bank Islam, Bank Muamalat, Bank Islam, OCBC, MBSB, Bank Simpanan Nasional, Bank Rakyat, ICBC, Sumitomo Mitsui Bank, Aeon Credit, HSBC, Standard Chartered Bank, Kuwait Finance House, Al-Rajhi Bank

Mortgage Type: Term Loan, Semi Flexi Loan, Full Flexi Loan

KL property developer: Sunway Group, Mah Sing Group, OSK Property, Sime Darby Property, UEM Sunrise, MKH, Eco World Development, Gamuda Land, Glomac, IOI Properties, IJM Land, Tropicana Corporation, SP Setia, EUPE Corporation, Country Garden, Parkcity Group, Platinum Victory Development, Chin Hin Group, Mayland, Binastra Land, Amber Home Group, TLS Group, Skyworld Development and more.

0:00 - Intro
0:16 - Step 1: Get Your CCRIS Report
1:03 - Step 2: Read Your CCRIS Report

#skyworldseann
6:56 - Step 3: Know Your Commitment
7:28 - Step 4: Know Your Income
10:05 - Step 5: Know Your Loan Eligibility
13:40 - How to Register eCCRIS via BNM Kiosk