Knowledge Base Issues

Is a valuation report required for my housing loan application? Why do I need a valuation? How much is the valuation fee?
A valuation report may be required if you purchase a fully completed property from a houseowner. The financial institution requires to ascertain whether the property provides sufficient security...
What are the things I should know when buying a house in Malaysia?
Buying a house is the single biggest purchase you will make in your life Buying a house is an exciting even. It will probably be the biggest purchase you will ever make in your life. Understanding...
What is the margin of finance (MOF) for housing loans in Malaysia?
This will depend on the value of your property, your income and your repayment capability. The amount of financing provided by a financial institution depends on the market value (for completed...
What is the difference between conventional and Islamic home financing?
Under conventional financing, your outstanding loan consists of principal plus the interest charged on you. The interest is actually the banking institution's cost in obtaining the funds. Islamic...
What should I do if I get into difficulties paying my housing loan?
If this happens, you should contact your financial institution to discuss a reasonable repayment program, which could include extending the tenure of the loan. Back to Housing Loan's Contents

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