Mortgage Loan Application
Overview
Welcome to our mortgage loan application page. Here, you can learn all about mortgage loans and how they can help you achieve homeownership while adhering to Malaysia's financial regulations and policies.
WHY US?
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Spend Lesser Time to Liaise with Bankers
Why would you spend your precious time liaise with different bankers on your own follow up on the status of loan approval while you can be HASSLE-FREE with our consultation.
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Survey, Compare & Advise
We survey & compare mortgage loan packages from different banks based on your ONE-TIME submission on your financial documents. We match your profile with banks for best mortgage deals.
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Check Property Valuation
We provide property valuation services. We helps you determine whether the asking price aligns with the property's actual value, ensuring that you make an informed decision regarding the property's purchase.
Our Trusted Lenders
At YEK Mortgage Solutions, we have partnered with leading lenders in the industry to bring you the best mortgage loan options. Our trusted network of lenders includes renowned financial institutions that offer competitive interest rates, flexible terms, and a wide range of loan products. We have carefully selected these lenders based on their reputation, customer service, and commitment to delivering personalized solutions. Rest assured, with our esteemed partners, you can access a diverse range of mortgage options tailored to your specific needs. Benefit from our strong partnerships and let us connect you with the right lender for your dream home.
Loan Repayment Calculator
After finalizing your dream house, it's time to ensure that you can comfortably manage the mortgage repayments. Our Mortgage Calculator provides you with a convenient way to estimate your monthly repayments based on the loan amount, interest rate, and loan tenure. By entering these details into the calculator, you'll get an instant calculation of your monthly repayment amount.
This powerful tool allows you to make informed decisions about your mortgage, helping you plan your budget effectively. With the mortgage calculator, you can explore different loan scenarios, compare repayment options, and determine the most suitable mortgage plan for your financial situation.
FAQs
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Eligibility criteria may vary among lenders, but common factors include income stability, credit score, employment history, debt-to-income ratio, and the property's value and condition.
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Your credit score plays a significant role in determining your eligibility and the interest rate you may receive. Generally, a higher credit score can help you qualify for better loan terms and potentially lower interest rates.
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Commonly required documents include identification proof, income documents, bank statements, employment verification, property details, and any other relevant financial documentation.
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The time frame can vary depending on factors such as the complexity of the application, the lender's processing time, and the responsiveness of all parties involved. On average, it can take 1-2 weeks to complete the approval process.
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- Maintain a good credit score by paying bills on time and reducing debt, in line with Malaysia's credit reporting regulations.
- Save for a down payment and ensure stable employment as required by financial institutions.
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- Making large purchases before closing on the loan.
- Changing jobs without notifying the lender, in compliance with employment stability requirements.
- Providing incomplete or inaccurate information as required by Malaysia's financial regulations.