Hi guys. As per the title, I would like to ask some questions regarding the procedure of getting home loan as a sole proprietor.

I registered a sole proprietorship two months ago and now have a current account for that. Monthly income is controlled within the range of RM5k-7k, while income tax will be filed in the middle of the year. The amount of money in my personal saving account is expected to be about RM90k-RM110k by the time an application for home loan is made. No self-employed EPF contribution is made. My car loan is the only commitment that I currently have, no credit card. I and my girlfriend whose income is about RM3.5k are planning on getting a house jointly in Dec 2019, which is about 12 months after the registration of the sole proprietorship. She has an auto loan and some credit cards, but she seldom uses those cards. Even if she does, she clears the payments right after using.

1) Will an application with joint income of RM8.5k-10.5k be considered by the banks? Our budget is between RM450k and RM600k.
2) Should I keep all the monthly income in the current account and use those money for daily use? If not, should I transfer them to my personal saving account after the income goes through the current account?
3) Will the chance of getting a loan be higher if I apply for the loan at the bank of my personal saving account?
4) Besides bank statement, income tax statement, what else should I prepare for the application?

Thank you in advance for your time and kind help.

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How Business owner or Freelancer able to borrow bank loan?
http://malaysiamortgagecrew.com/2016/08/25...rrow-bank-loan/

Applying For A Home Loan If You Are Self Employed
https://loanstreet.com.my/learning-centre/a...e-self-employed

more here...
https://www.google.com/search?ei=zmVGXPaFDo...wiz.FmOAsNeCvxM

1. Yes

2. Other than bank statements, banks require P&L and BS

3. Preferable but not necessary as they can view your banking history.

4. FDs to support your financial standing.