@terrym5407 I previously worked in banks missing a single payment won't make a difference but if you consistently MIA 1 & 2 your risk will increase and Ur rate will be higher if approved. The rate banks give to most people is around the same.
Usually the bank will have Ur rates significantly increase if your profile is not good and your risk is much higher than normal. If Ur commitments exceeds 70% take home pay after the loan taken up.
Easiest way to reduce Ur rate is apply to multiple banks. Foreign banks OCBC pbb std chartered can offer lower rates.
Alternative methods are if u have FD or significant money in those banks. It works even if it's your father/mother's FD.
Other things u should consider is whether u want full Flexi semi Flexi loans. This is good because you can use full Flexi loans as high interest current account
