Housing Loan Malaysia
Personalised Housing Loans in Malaysia with Bluebricks
What is a Housing Loan in Malaysia?
What Are Housing Loan Rejected Services in Malaysia
Housing Loan Rejected Services involve the whole process of making your loan application right after knowing your loan is rejected by handing it over to a third-party loan consultancy agency (not from banks).
The agency would help failed applicants to find out the reasons for rejection, execute adjustment and rearrangement, and submit to a bank that has a higher chance of approval and larger loan sum (if you wish) until you finally get the bank loan approved.
Reasons Your Housing Loan in Malaysia was Rejected
It is often 10-20% lesser than the current selling price of similar homes. This is because bank valuations are traditionally conservative to protect the bank's interest.
a. No stable income
b. No payslips
c. Your income did not enter your bank statement
d. Low income earner
e. High commitment
f. Your company does not pay you like a normal employee (e.g., you do not have EPF or are on a contract basis)
a. You are under the AKPK programme
b. Blacklisted
c. Bad repayment issue
d. Special attention accounts by banks
e. Trade or credit reference
f. Company is closing down
g. Restructured loan
h. Bounced cheque
i. Suspected mule account
How Can We Help
Rejected Loan
Increase Loan Amount
Low Interest & Fast Approval
Get In Touch With Our Loan Experts
Why Bluebricks?
One of the Top 10 Leading Loan Agencies in Malaysia
Over 10 Years of Experience
Moreover, our ten years in the field have equipped us with a deep understanding and up-to-date banking knowledge, enabling us to effectively resolve loan complications. Complex loan scenarios are our forte, ensuring we guide you towards a successful loan approval with confidence.
One-Stop Solution
Full Financing with 100% Bank Loans
No Upfront Payment Required
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The above is bank basic loan assessment in approving an application.
When bank found out there is one or more issues prompted in the system, your loan would be rejected immediately.
With any of the above issue got rejected within a bank, you would need to wait for 3 to 6 months until the next chance for submission and 3-6 months would have many things happen.
What if Bluebricks has the solution to the risk of having to wait for another 3-6 months, would you want to know?
How Do You Know If You Need Loan Rejected Services?
You wouldn’t need it when you know how to secure/obtain the bank loans that you need. The fact is many thought that they knew, still eventually got their loan rejected.
For example, you could always go to the pharmacy to ask for the medicine for cold, flu or fever – if you know those are the sickness. But what if after eating those medicine you still feel uneasy? Would you continue the process go to the pharmacy, buy and eat them wishing to cure yourself?
There are two kind of people that comes to Bluebricks.
The one in Despair
The One Understand Time Cost
But what if we tell you Bluebricks don't collect any upfront fee for such services?
How Bluebricks Solve Your Loan Rejected Issues?
Step 1: Consult
We would first understand the objective of your loan and what is the loan amount required.
Step 2: Find Out Why
Find out all the reasons as of why your loan is rejected.
Step 3: Solution
To tailor make the best loan solution that is for you.
Step 4: Understand
Make you understand the whole loan processes and procedures before handing over to Bluebricks to execute for you.
Step 5: Apply
To help you apply your loan with the bank that likes you (gives you good credit rating and approve higher loan sum).
Step 6: Process and Approval
Walk you through the whole process after approval that includes signing of your bank agreements and eventually get the loan disbursed (cash in hand yeay!).
Get your loan approved with Bluebricks!
Remember, it is not end of the world when you know your loan is rejected. Please don’t go to the illegal financiers or Ahlongs feeling of despair. Worst, out of desperation and believe in the loan scams.
You would then add more problems to your already difficult situation. And to solve them, you may need more time and resources.
Now, if your loan is rejected and you don’t know what to do, please fill up the forms below, and our tele-consultants would be in touch with you in 1-3 days time via Whatsapp. And would get more details of your current situation when you have time to have a tele-conversation.
Housing Loan Malaysia – FAQs
In Malaysia, the minimum income needed to qualify for a housing loan differs from one bank to another and is influenced by various factors. Generally, banks set a minimum gross monthly income range for eligibility, which often falls between RM3,000 and RM5,000.
To be eligible for a housing loan in Malaysia, banks typically look for the following criteria:
- Minimum Age: You must be at least 18, though some banks may require you to be 21.
- Credit Score: A good CTOS score is essential, ideally 651 or above.
- Income Documentation: Comprehensive documentation is necessary, including six months of payslips, six months of bank statements, and two years of EPF statements, with amounts that need to be consistent.
- Debt Service Ratio (DSR): After accounting for the housing loan instalment, your DSR should not exceed 60%.
The amount you can borrow with a housing loan, known as the loan margin, is usually up to 90% of the property's value, depending on the bank's assessment of your financial capability and the property's valuation.
