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I had bad credit rating for a while. Been healthy for a year. My loan applications got decline few years back. Now im applying with a joint with healthy rating and yet it fails to secure the 80% loan. I missed so much opportunities. Does that mean i can never get a mortgage loan? a house of my own?
How can i solve this credit rating issue? 5 years 7 years?
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1 Answer

Mike Lim
Replied
Morning Png,

I have experienced a similar case as yours. But when the banker did a check, i realise that there are still inconsistence on payment for debts owing. If you have managed to keep your credit record really clean, you should not have an issue getting a mortgage loan, though you may not get full 80% loan. Many of my clients have managed to get their units even though they are still undischarged.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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