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Unexpectedly, This Turns Out to Be the Reason Why Banks Reject Home Refinance Applications!

Writer's picture: Jacheal LimJacheal Lim

One day, I saw an advertisement by Jenson Agency on Facebook. It's like they somehow knew we were busy looking for ways to refinance our house. At first, the ad passed by, and I read it but ignored it. The second time the same ad appeared, I decided to contact the provided number.


But at that time, I didn't really have much hope. Well, because before this, I had tried applying to two banks, and both loan applications were rejected. So, I tried my luck by contacting Jenson Agency without setting high expectations. As they say, there's no harm in trying, right?


To my surprise, the Jenson Agency team responded very quickly. Initially, I had to explain my plans and the actions I had taken. So, I shared the problems I was facing. They also asked about the main reason for wanting to do Home Refinancing.


After expressing my intentions, they explained the strategic steps that would be implemented to ensure the success of my case and that my application would not be rejected again. Not only that, they also provided advisory services on good debt management practices to follow.


Based on their research, the problems I faced that led to the rejection of my previous loan were due to my relatively advanced age. Another factor was my not-so-healthy credit record. I also had outstanding payments on an old credit card debt.


Upon getting my approval, they immediately implemented all the strategies as they had explained to me earlier. But honestly, even at this stage, I didn't set my expectations too high. I was afraid of being disappointed again. So, I just followed what they asked me to prepare and do.


After submitting the application, the Jenson Agency team didn't remain silent. It can be said that almost every day, they would contact me and provide updates. A few days later, I received an SMS stating that my application had been approved! Jenson Agency successfully assisted me, and I received a cash-out of RM125,000 with a lower financing interest rate of only 3.5%.


This means that with the available cash, I can use it for my new business venture and settle existing debts. Additionally, my monthly commitment has also decreased. So, I won't be overly worried if the tuition center can't operate in the future.


Thank God, I feel extremely happy because finally, I can overcome the financial problems I've been facing. I immediately think of the faces of my wife and children at home. For over a year, they've had to endure the financial struggles during my difficult times.


I myself can't believe that Jenson Agency managed to help me. You must be wondering, who is Jenson Agency, and how did they succeed in approving my application that the bank had rejected twice before?


With 14 years of experience in the banking industry and good relationships with the eight largest banks in Malaysia, Jenson Agency is confident in helping you solve your financial problems. For your information, from 2018 to 2020, Jenson Agency has managed over 2,000 applications with an approval rate exceeding 90%. Each case is carefully examined based on the individual's situation and issues they are facing. This means, in my case, they customized a new plan to ensure I could resolve my problems. They don't use the same template for everyone!


Furthermore, Jenson Agency evaluates each application before submitting it to the bank. With their experience and information, they ensure to send your application to a bank that is likely to approve it, while also making sure to identify the bank offer that is most beneficial for your case.


You might be wondering how Jenson Agency can select a bank that can guarantee approval. The answer is that, due to their long-standing experience in the banking industry, each bank has its own criteria. The criteria for each bank in Malaysia are already on Jenson Agency's checklist. That's why they are confident in helping you solve your financial problems.


If you have any financial concerns, need a loan, are facing issues with AKPK, have income problems and need financial assistance, have problems with CTOS or CCRIS, want to mortgage your house, have high commitments, are on a blacklist, have bad credit or bad debt, or want to make an investment, you can contact Jenson Agency and explain your problems and plans. I believe Jenson Agency can help you.


What are you waiting for? I've done it, when will you?

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