The advantages of refinancing loan are many such as obtain lower interest rate compare to existing one, shorten the loan tenure, debt consolidation, switching to a better mortgage product, purchase another new property, get the additional cash out to renovate or improve your property, wedding funds, children education funds in the future and etc. Yes,I didn’t lie to you, … Read more
There is a few things in life are as daunting as decorating your first home. It’s really hard not to feel overwhelmed as there is so many options available in the market and so many decisions to make. Ok, let say you already have an awesome ideas on how to decorate your lovely new home, but … Read more
Getting a new mortgage to replace the existing one is called refinancing. Refinancing is done to allow the borrower to acquire benefits from a lower interest term and rate compare to existing one, change to a better mortgage product, get the additional cash out to proceed with the property improvement or purchase another new property. Sound very … Read more
It is for this very reason that most of the homeowners and property investors today are looking for methods on how they can increase their finances. Refinancing property can be a far better option! In today, we will tell you what is the costs are involved when you refinancing your property. So, before you take action … Read more
Why should we consider to refinance our home loan or mortgage loan? Let say, if you have difficulty to pay-off your home loan repayment after 5 years or you wish to generate additional cash flow for you to invest in somewhere else, then it is the best choice for you. What does it really mean is, refinancing a … Read more
Let’s us briefly explain to you what is pre-approval on mortgage loan? A mortgage pre-approval is one of the important process when applying a mortgage loan. The homebuyers will need to acquire a pre-approval letter by consulting with a bank (lender). Through the pre-approval letter, you’ll get to know the maximum amount that you can borrow for you … Read more
The perks of being a renter, no mortgage, no property taxes, no annoying maintenance work or repairs. This matter you can just leave to your landlord to handled and you need not to worry anything of it. Sounds good right? However, don’t forget the big drawback of being a renter –> You are not actually owning … Read more
Before you submit any loan application, you should check on your credit record before lenders do. It is important for you to understand your repayment history first before lenders rejected your loan. There are 2 major systems in Malaysia that allow you to track your credit history which is Central Credit Reference Information System (CCRIS) … Read more
Financial planners continue to sound the alarm. If you’re like most people, you haven’t saved enough for retirement. In fact, you may well be dangerously behind. One of the big reasons might be your mortgage. In other words, your home is costing you too much and it’s robbing your retirement. But wait. Before you say, … Read more
When you comes to buying a house, you have to apply the mortgage loan with the bank. You might heard someone said applying a mortgage loan is the most difficult thing to do as its process is differs from getting a car loan, and those applicants who do not know these major differences are always disappointed when … Read more
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