Recovery Guide

Your Home Loan Was Rejected — What Next?

A rejection is not the end. Most cases can be resolved with the right strategy. Here's your 3-phase recovery roadmap.

PHASE 1 · 0–3 MONTHS

Fix the Immediate Blockers

  • Settle overdue CCRIS entries (banks want 3 months of clean record)
  • Reduce credit card utilisation below 30% of limit
  • Clear personal loans or consolidate hire purchases
  • Do not apply for any new credit during this period
PHASE 2 · 3–6 MONTHS

Strengthen Your Income Profile

  • Collect 3–6 months of payslips showing consistent income
  • If self-employed: file your BE/B form and show bank statements
  • Declare rental or side income with proper documentation
  • Increase EPF contributions to strengthen formal income proof
PHASE 3 · 6–12 MONTHS

Re-Apply with the Right Bank

  • Different banks have different DSR thresholds — match to your profile
  • Choose Islamic or conventional based on your employment type
  • Consider a joint application with a co-borrower
  • Work with a licensed mortgage advisor to package your application

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