Mortgage Loan Malaysia
Your Premier Partner for Mortgage Loans in Malaysia
Bluebricks is a leading licensed loan agency with extensive experience and expertise in mortgages to provide custom solutions that meet our clients’ needs. Our knowledge of mortgage options and financial strategies, combined with insightful real estate advice, ensures our clients get the best mortgage loans in Malaysia.
What is a Mortgage Loan in Malaysia?
A mortgage loan in Malaysia is a loan that uses land or immovable assets (e.g. house) as security. The borrower signs an agreement with the lender (usually a bank or financial institution) to collect cash in advance and will then repay the loan over a specified period until the lender is paid back in full.
A mortgage loan is mainly used to purchase homes and various forms of real estate, which is why it is commonly known as a home or housing loan.
Who Can Apply For A Mortgage Loan?
Mortgage loans in Malaysia are designed for home buyers with insufficient cash on hand to purchase a property. Individuals and businesses can use the loan to purchase more properties without paying the entire purchase price upfront.
What is a Fixed Interest Rate?
What Is Mortgage Refinancing?
Refinancing your mortgage loan in Malaysia involves replacing your existing mortgage with a new one from a different bank. This new mortgage may offer more advantageous terms, such as improved features, debt consolidation options, or the ability to access extra cash flow, often resulting from an increase in your property’s value.
Benefits of Mortgage Refinancing
Save On Your Interest Cost
Change in Loan Tenure
Cash Flow Adjustments
Reasons Your Mortgage Loan in Malaysia was Rejected
If you fail to prove that you are employed or are producing enough income to repay the loan, the bank will automatically reject your loan application.
How Can We Help
Rejected Loan
Increase Loan Amount
Low Interest & Fast Approval
Get In Touch With Our Loan Experts
Why Bluebricks?
One of the Top 10 Leading Loan Agencies in Malaysia
Over 10 Years of Experience
Moreover, our ten years in the field have equipped us with a deep understanding and up-to-date banking knowledge, enabling us to effectively resolve loan complications. Complex loan scenarios are our forte, ensuring we guide you towards a successful loan approval with confidence.
One-Stop Solution
Full Financing with 100% Bank Loans
No Upfront Payment Required
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Mortgage Loan Malaysia – FAQs
In Malaysia, mortgage brokers are professionals who assist borrowers in meeting their specific needs, such as securing bank approval, obtaining the desired loan amount, achieving manageable monthly instalments, acquiring lower interest rates, and expediting the loan process.
Here is how you can choose a mortgage broker in Malaysia:
- Ensure you understand what a mortgage broker does.
- Ask for referrals from friends, relatives, and business acquaintances.
- Have a look at online reviews and check for complaints.
- Ask a mortgage specialist about their experience, services, and fees.
During a mortgage consultation, you can expect us to inquire about:
- The price of the property you're interested in.
- Your most recent CTOS report.
- Your income documents from the last six months.
However, your credit score will return to where it was in a few months, as long as you make your payments on time.
Banks and financial institutions in Malaysia usually offer mortgage loans with a maximum loan-to-value (LTV) ratio of 90%. This means you can borrow up to 90% of the total property value.
For instance, if you’re purchasing a house worth RM500,000, you can borrow up to RM400,000 to RM450,000 from the bank while paying the remaining amount upfront.
