Loan Application Procedure

Loan application from banks/financial institutions:

Documents required – Employed applicants

  • Booking receipt of the property to be purchased
  • Photocopy of title deed, if available
  • Photocopy of identity card (for Malaysians) or passport (for non-Malaysians)
  • Latest 6 months’ salary slips
  • Latest 6 months’ bank account statements indicating salary credited
  • Latest tax assessment Form B with receipt
  • Latest EPF statement
  • Other documents as may be required by bank/financial institution

 

Documents required – Self-employed applicants

  • Booking receipt of the property to be purchased
  • Photocopy of title deed, if available
  • Photocopy of identity card (for Malaysians) or passport (for non-Malaysians)
  • Company Registration Form, i.e. Form 24, Form 49 and M&A or other relevant documents
  • Latest financial statements
  • Latest 6 months’ bank statements
  • Latest tax assessment
  • Other documents as may be required by bank/ financial institution

Loan application from government:

Requirements

  • Permanent government employees
  • Malaysian
  • Application form submitted 1 year prior to retirement/termination of service
  • Served at least 1 year
  • A confirmed employee
  • Not a bankruptcy, debtor or a person subject to disciplinary action
  • Joint loans of husband and wife, to convert loans between husband and wife, and two loans applicants as stated in the SPA must be accompanied by a copy of the marriage certificate or marriage registration certified by the Head of Department

 

Documents required

  • Loan application form
  • Latest original salary slip
  • Original cover letter from your Head of Department
  • Certified copy of confirmation letter for Jawatan Berpencen who has deducted EPF by Head of Department
  • Certified copy of confirmation letter for your current position and grade by Head of Department
  • Certified copy of identity card by Head of Department
  • Certified copy of title deed by solicitor/developer
  • Certified copy of SPA by solicitor
  • Borang Akuan Pemilihan Insurans/Takaful
  • Borang 2 – Surat Persetujuan Menyelesaikan Baki Hutang Pinjaman Perumahan Serta Faedah/Keuntungan Dari Gaji, Apa-apa Faedah Persaraan dan Terimaan Daripada Kerajaan

 


Source of Information:

  • Home Loan 2U
  • Home Loan – CIMB bank

Disclaimer: Above depicts the general process of home purchase, different developer or projects may have a different process. All data and information is correct at time of upload.