Being a homeowner is a joyful moment in life. BUT!!!!! How if you’re no longer to make home loan repayment? Do you have faith in yourself that you can still make your home loan repayment after 5 or 10 years? Due to the living costs are gradually increased in Malaysia, many youngsters and first-time homebuyers … 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
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
PETALING JAYA: House buyers should take care of unpaid National Higher Education Fund Corporation (PTPTN) loan should they wish to have a smooth mortgage application process. GM Training Academy PLT chief executive officer said the listing of National Higher Education Fund Corporation (PTPTN) loan in Central Credit Reference Information System (CCRIS) has become one of the reasons … Read more
Finding the perfect home is one thing — finding the best mortgages rates is entirely another. Indeed, the mortgage application process can take a long time, be incredibly tedious and strenuous, and quite frankly, very stressful. Home mortgage lenders will go to great lengths to make sure that you will be able to pay them … Read more
PETALING JAYA: RAM Ratings projects the banking sector’s loan growth to ease to 6% this year as the economic environment remains challenging and macro-prudential measures to curb household debt continue to exert an impact. However, its co-head of financial institution ratings Sophia Lee expects the overall asset quality indicators of the sector to remain healthy … Read more
Developers are offering creative financing packages to attract potential home buyers, given the sluggish property market and the stringent criteria of banks in granting housing loans. “The market was still flat in the first quarter, with some developers delaying their launches. They are trying to move whatever stock that is still available, and we have … Read more
Do home loans become a little too much for you to consume because it involves big money? We’ve broken down all the essentials you need! If personal loans are loans you take out for personal use, home loans are loans you take out specifically to buy a house. On the surface it sounds pretty straightforward, … Read more
THE slowdown in the local property market saw loans approved to the sector last year drop marginally. According to National Property Information Centre’s (Napic) 2015 Property Market Report, total loans to the property sector grew 2.6% during the quarter ended December 2015, a drop from the 4.3% in the previous corresponding period. Of this, loans … Read more
In a previous article, we’ve talked about the pros and cons of purchasing a property in cash versus applying for a home loan. Home loans work the same way as any other loan does. The lender (the bank, as is often the case) charges an amount of interest and the borrower pays the money back … Read more
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