Amirul and his wife had been saving for three years. Combined income of RM11,500 a month, no car loan, a clean CCRIS record as far as they knew, and a 20% downpayment ready for a RM550,000 condo in Klang Valley. When the bank’s rejection letter came back, they were stunned – and more than a
You have just signed the Sale and Purchase Agreement for your first home. Then your banker slides a folder across the table and says: “You will need MRTA. It is a one-time payment – we can roll it into the loan.” Most Malaysians sign without asking questions. After all, is mortgage insurance not just mortgage