Hi anyone can advice me the chances I could successfully get my house refinance. I owned 2 houses with 1 just newly bought by cash without loan. However, I'm planning to refinance the new bought house to get some capital for start up a business. The current market price for that house is at least Rm200k and I would like to apply for Rm150k and repayment period 15yr.

Below are my financial details

1) Basic salary gross Rm4.5k
2) Fixed allowance Rm900
3) Rental collected Rm1.2k
4) Commitment
- Car A Rm1350
- Car B Rm300
- House Rm1405
5) Credit card - 2 cards with total around Rm6k outstanding per months

This post has been edited by Shyawn: Jun 8 2015, 09:02 PM