Alrizq Asset Mortgage

Frequently Asked Questions

Contact Us

What does Alrizq Assets actually do?
We’re a financial advisory firm — we compare mortgage and refinancing packages across multiple banks and LPPSA, assess what fits your situation, and manage the application process, including coordinating the legal side
No. We’re an advisory intermediary — financing is provided by the banks or LPPSA, and we help you navigate and secure it.
Your initial consultation is about understanding your situation and what’s realistic — speak to an advisor directly for details on how our services are structured for your case.
Yes. Alrizq Assets Sdn. Bhd. is registered with SSM, registration number 202101027756 (1428056-V).

Mortgage

How many banks do you compare?

We work with a panel of leading Malaysian banks and shortlist the packages most relevant to your financial profile, rather than presenting a single bank’s offer.

Timelines depend on how quickly your documents are ready and each bank’s own processing time. Your advisor will give you a realistic estimate specific to your application.

Yes — we assist with joint applications where income from two or more applicants is combined to support the financing.

Typically your NRIC, latest payslips, EPF statements, and recent bank statements.

LPPSA

Who is eligible for LPPSA financing?

LPPSA financing is available to eligible Malaysian government employees. Eligibility criteria to be verified against current official LPPSA guidelines.

Yes, LPPSA offers Home Renovation Financing in addition to new home, subsale, and construction financing.

Refinancing

When is it worth refinancing?

Generally when you can secure a meaningfully better rate, need to access equity, or want to consolidate higher-interest debt.

Possibly, if you’re still within your current loan’s lock-in period — check your loan agreement’s terms first.

Credit & Reports

What's the difference between CCRIS and CTOS?
CCRIS is run by Bank Negara Malaysia and tracks loan/repayment history. CTOS is a separate licensed credit reporting agency with a broader data profile.
To be verified against CTOS’s official policy.
Turnaround depends on the report type and payment confirmation. Your agent will confirm an estimated timeframe once your request is submitted.

Legal

Do i need my own lawyer, or does Alrizq arrange one?

We coordinate with our network of solicitors, so you don’t need to source one separately — though you’re welcome to use your own.

SPA preparation, loan documentation, and Power of Attorney where needed.
Legal costs (such as SPA and loan documentation fees) are separate from our advisory service and are set by the appointed solicitor — your advisor will walk you through what applies to your transaction.

Still have questions?

Contact Alrizq

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
Powered by
Scroll to Top