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Flexible funding scheme will allow more M'sians to own homes, says ministry - Vimarsana News

Flexible funding scheme will allow more M'sians to own homes, says ministry

KUALA LUMPUR: A weak credit record, high-risk profile and insufficient documents to support their repayment ability are some of the reasons that have made access to funding for home purchasers difficult.

Detailed text transcripts for TV channel - CNN - 20100702:21:37:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100702:21:37:00

Underwriting standards can be changed to take into account future payouts to affected businesses by bp. the sba says the 33% approval rate is in line with other disasters and so far the agency has approved 120 reents disaster loans and deferred 500 existing loan payments. jonathan swain is an sba assistant administrator. he says the agency bases its lending decisions on the recipient's credit and repayment history. >> from our standpoint the last thing you'd want to do to a business who lacks repayment ability is layer a loan on top of them that they're going to have for 30 years to try to rep...