![]() Make sure that your business is registered with the Companies Commission Of Malaysia/ Suruhanjaya Syarikat Malaysia (SSM).Here’s a simple checklist of what you can do: You have a higher chance of getting your housing loan application approved if you can provide an organised financial record of previous years’ income, tax return, profit and loss statement, and balance sheet. Financial records of past years’ income, tax return statement, balance sheet Even a simple website or official Facebook, Instagram, or LinkedIn page will be sufficient. This is important so that banks can identify the nature of your business. It will justify the sustainability of the business. ![]() Furthermore, the date of registration will be considered very important to the bank. ![]() Having a registered business boosts your client’s confidence in dealing with you, and it appears more professional too. This is an important document to have, even if your business is small or you are a one-person freelancer. However, here are 7 non-standard documents you can provide to prove your income and financial health: 1. As a self-employed person, banks may perceive your income as ‘unpredictable’ when it to comes to committing to the monthly repayments. Banks will review your financial stability before approving your housing loan application. Unlike salaried people, self-employed do not have a regular payslip.
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