Need help with home loans?

HOme Loan : Full Flexi Home Loan

Full flexi home loan is a well-liked pattern in Malaysia. Most Malaysian with additional cash will prefer to opt for full flexi home loan. Mortgage One is the pioneer for this full flexi home loan.

I nonetheless can remember when the first time Mortgage One being introduce to the market. Customer was queuing long at Standard Chartered branches just to be a part of this phenomena home loan product at that moment. They’d like to have this so referred to as distinctive and flexible home loan.

I do salute people who had contribute to this wonderful home loan program which now turn out to be a trend in most of the banks home loan financing product.

So, what’s full flexi home loan?

Full flexi home loan has the flexibility to avoid wasting numerous your money and time. With flexi home loan, your saving, present, home loan and deposits account are all rolled into one account. By doing so, any deposit made into this account goes into decreasing your loan outstanding.

When the mortgage outstanding is decrease, the interest paid on the mortgage can also be lower. As every ringgit goes into repaying your loan relatively than repaying interest, you can count on to trim off years in your mortgage period!

Flexible options to allow you to rearrange life’s priorities anytime.

What you need at the moment might not be what you want tomorrow. For example, you may resolve that your major focus is paying off the home loan as rapidly as possible. But if you have a child on the best way, you may naturally need funds to prepare for it. Flexi home loan lets you withdraw any excess funds you have already made. Then once your finances have stabilized, you can go back to making extra funds again.

Pay extra own your home faster

Consolidate all of your deposits, including salary, financial savings and even your bonus into one flexi home loan account. Each Ringgit you at present keep in your flexi account, will work tougher for you, decreasing the quantity of interest charged and shortening your mortgage tenure. Since interest is calculated on a daily basis, the moment you deposit cash into your flexi account, the saving starts.

Withdraw the extra funds for different important things in life that simply cannot wait, without fees and notice.

Your  family should all the time come before something else. Whether or not its music lessons in your little one, a lot wanted holiday together with your spouse, or  a bigger automobile for the newborn, rest assured understanding that your excess payments are yours to use as you please. And you can simply entry your cash via ATM, cheque  book or online.

Now, the weakness for this product is many of the bank required customer to paid RM200 for one time account set up fees and RM10 monthly maintenance fees. Should you assume it can save your interest greater than the fees incurred, possibly full flexi home loan ought to be in your consideration.

If you are interested to know more about the products and banks that offer full flexi home loan.

Hurry…Please contact us now!

By | 2016-11-01T10:40:21+00:00 July 8th, 2010|Housing Loan, Latest Article/News|2 Comments


  1. ekyeoh August 8, 2010 at 12:08 pm

    what bank offer this type housing loan? what is the rate? Thx

  2. CHRISTY THAM December 14, 2010 at 5:55 am

    about housing loan

Comments are closed.