Hi sifus,

I already booked a property and paid 10% deposit.
To improve my dsr, im planning to make a full settlement of my pl (monthly rm1k/outstanding balance rm14k) by applying another pl with longer tenure and lower monthly commitment (rm300).

Question is, will this new application of credit facility affect my mortgage loan application?

Thanks in advance.

Thankyou so much for ur reply.

Since my mortgage banker said he only needs the receipt of my first pl in order to proceed with my mortgage loan, I plan to apply the 2nd pl and straightaway fully pay my 1st pl (went to check with rhb easy they claim the disbursement is on the spot).
I wonder if it gives bad remarks to the banks when they find out i make so many transactions in a day (apply 2nd pl -> settle 1st pl -> apply mortgage

Thankyou very much sir.really appreciate it.