Home Loan Refinancing in Malaysia: Benefits and Savings

1 - I can do better 2 - Jury's out 3 - Pretty darn good 4 - Splendiferous 5 - Awesometastic by 1 person | Log in to rate

Ranked #121 in Business, #7,949 overall

Refinance your home loan to save more money

This is a very simple concept and practise to always refinance your home loan for better package when it is available. In Malaysia, foreign banks are moving in and you should expect more and more competitive mortgage offer available to you. Banks only make profit after a few years you pay the installment because they need to recoup the acquisition cost at initlal years.

You will find all the relevant resources and articles about mortgage refinancing in Malaysia 

Benefit of REFINANCING 

  1. Lower the installment payment
  2. Debt Consolidation
  3. Using the Existing Equity in the Home
  4. Shorten mortgage term
  5. Combine a first and second mortgage
  6. Reduce the interest you pay over the life of the loan
  7. Switch from a variable to a fixed rate (or vice versa)

Malaysia Bank Customer Service Call Center 

You can check the status, interest rate, tenure, outstanding loan and other details of your home loan by calling your servicing bank call center

* AmBank 03-2178 8888
* AIA 03-2056 3207
* Alliance Bank 03-5516 9000
* CIMB Bank 1300 88 0900
* Citibank 03-2383 0000
* EON Bank 03-2148 8077
* HSBC 03-2050 7878
* Hong Leong Bank - 03-7626 8899
* Maybank 1300-88-6688
* OCBC 1300-88-5000
* Public Bank 03-2176 6000
* RHB Bank 1800-88-9922
* Standard Chartered Bank 03-7711 8888
* United Overseas Bank 03-2612 8121

More Personal Finance Money Tips 

at KCLau's Money Tips

Loading Fetching RSS feed... please stand by

Reader Feedback 

You are most welcomed to post any question regarding refinancing home loan in Malaysia

creditcure wrote...

nice, all the benefits of refinancing a home loan. great tips............

ReplyPosted November 08, 2009

Lensmaster

Peter wrote

Don't have the time to compare the mortgage loan? As a mortgage broker, I can help you to compare and select the best mortgage loan. Visit my website for more details.

http://www.Klang-Valley.com

Reply Posted September 04, 2009

quantumguy wrote...

Nice to see all the benefits of refinancing a home loan. You've done a great job!

ReplyPosted July 19, 2009

Lensmaster

sun wrote

i want refinancing my home loan.now am paying 7.75% interst so thinking of refinancing pls give more idea....................!!!!!!

tq
sun

Reply Posted July 16, 2009

Lensmaster

Husni wrote

I can always assist for your Home refinancing with low interest rate and speedy approval. Anyone, feel free to call me at 0192585511. Get an Islamic Financing for a cheaper and transparent deals.

Reply Posted June 16, 2009

view all 9 comments

by KCLau

I am a blogger who blog about Squidoo at KCLau's Money Tips on personal finance topics.
(more)

Explore related pages

Create a Lens!