Friday, March 23, 2012

Can I use ASB for Home Loan Application?

Yes you can.

To apply for your home loan, for employed persons, you must furnish 3 months of salary slip and also proof of tax submission. However, to strengthen your case, you can also photocopy your ASB book as proof of your financial worthiness.

Best to photocopy at least 3 years of ASB transactions to them to show proof you didn’t just deposit RM200,000 in the last minute.

A large savings in ASB just provides proof to the bank that you are stable and have financial backing in case you lose your job or anything else.

Good luck and happy purchasing your new home.

No comments: