All posts in "Financial"
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A Common Misconception On The Cash Out From A Refinancing Loan

By Kim Wong / a couple of years ago

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, […]

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What Are The Steps To Refinance Your Mortgage

By Kim Wong / a couple of years ago

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 […]

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What Are The Costs Involved When Refinancing Your Property?

By Kim Wong / a couple of years ago

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 […]

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Guides For Home Loan Refinancing In Malaysia

By Kim Wong / a couple of years ago

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 […]

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The Importance Of Getting A Pre-Approval on Mortgage Loan

By Kim Wong / 3 years ago

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 […]

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5 Tips For Renters To Save Downpayment

By Kim Wong / 3 years ago

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 […]

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How To Check Your Credit Score?

By Kim Wong / 3 years ago

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) […]

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Can Your Mortgage Affect Your Retirement?

By Kim Wong / 3 years ago

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, […]

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5 Tips To Get Approved For Mortgage Loan

By Kim Wong / 3 years ago

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 […]

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