2 Answers

askguru expert
Hi Vanessa,

Yes, you may apply for another loan. However, approval of that loan will depend on your income / repayment capabilities. Banks could take 1 to 2 days to process your loan after checking on your CCRIS. If your application is delayed, it might be because the loan repayment is too high for you to afford.

It helps to calculate your Debt Service Ratio (DSR) too, so you know just how much of a loan you’re eligible for, based on your monthly commitments. Up to 40% of loans are rejected because of a bad DSR.

For a comprehensive guide on home loans, do refer to this:
https://www.propertyguru.com.my/property-guides/complete-guide-home-loan-malaysia-20638

Best regards,
Team PropertyGuru Read More
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askguru expert
Hi there, this is Tiffany from LM Homes Advisory (M) Sdn Bhd.

Thank you for sending in your enquiry.

You may proceed to apply another housing loan, as long as your current income is sufficient enough to cover your commitment every month, and it have to be within bank designated DSR level.

You may approach our advisors via below WhatsApp link, in order us to find out more on your loan eligibility.

I hope this answers your question.

Please do not feel hesitate to WhatsApp us:
http://wasap.my/+60165122020/HiCaptA
http://wasap.my/+60177373428/HiTiffany

Best Regards,
Tiffany
Senior Mortgage Advisor, LM Homes Advisory (M) Sdn Bhd Read More
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