What do you need to do to get approval on your mortgage loan? In general, the bank officer will assesses your borrowing power based on the following 4 points;
1. Debt Servicing Rate (DSR)
2. Individual Risk Profile
3. Property Valuation
4. Loan To Value
To read the full article, please visit 6 Ways To Increase Your Borrowing Capacity
Wealth Mastery Academy - WMA is a reputable organization that is committed in empowering people with the right financial education, knowledge and proven skills to in order for individuals to attain financial freedom. Over the years, WMA has coached thousands of individuals from all walks of life and have guided them with powerful and proven skills towards the path of financial freedom. WMA will continue to grow and remain committed with our aim to assist people towards their dreams.
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