ABSTRACT Studies have shown that low-income earners (LIEs) faced encumbrances in gaining access to housing finance. Therefore, this study investigated the root-cause of inaccessibility of housing-loan and proffer pragmatic policy solutions so that Malaysian LIEs can access housing-loan to purchase homes via qualitative insight. To achieve this, 40 face-to-face oral interviews were conducted and validated via secondary sources. Findings show that ineligibility and inability to make down payment are the major reasons banks are reluctant to lend housing loan to LIEs. The root causes of the issues are bad status of Central Credit Reference Information System, lack of evidence of regular income, absence of collateral, inability to make down-payment, fear of inability to recover the loan and operating costs from the auction among others. Also, the rejection rate of LIEs housing loan application is about 70% with supporting evidence. A setting-up of a special housing loan scheme for LIEs across the country; government buy-up low-cost houses in the auction and placed them on rent-to-own scheme via independent agency while existing scheme sustained, intensified and strengthened among others were recommended as part of this paper’s contribution and implication with a view to ensuring LIEs gain access to homeownership via housing finance.

中文翻译：

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补救马来西亚廉价住房贷款的问题：采用定性方法

摘要研究表明，低收入者（Liies）在获得住房融资方面面临障碍。因此，本研究调查了住房贷款难以获得的根本原因，并提供了务实的政策解决方案，以便马来西亚LIE可以通过定性洞察力来获得住房贷款以购买房屋。为了实现这一目标，进行了40次面对面的口头访谈，并通过二级渠道进行了验证。调查结果表明，不合格和无力支付首付款是银行不愿向LIEs发放住房贷款的主要原因。问题的根本原因是中央信用参考信息系统状态不佳，缺乏正常收入的证据，没有抵押品，无法偿还首付，担心无法从拍卖中收回贷款和运营成本等。也，有证据表明，LIES住房贷款申请的拒绝率约为70％。为全国各地的LIE建立特殊的住房贷款计划；建议政府在拍卖中购买廉价房屋，并通过独立机构将其置于地租计划中，同时建议对现有计划进行持续，强化和强化，作为本文的贡献和意义之一，以确保LIEs通过住房融资获得房屋所有权。