Home Loans

You have simple needs which makes this home loan ideal for you

Simplicity is ideal when you have basic needs and do not require many features in a home loan. The Ideal Home Plan is especially suited to first time home buyers of a property worth up to RM100,000 in Peninsular Malaysia or RM120,000 in East Malaysia.

How to know if the Ideal Home Plan is right for you?

• Do you prefer regular, systematic repayments?
• Do you not foresee having extra cash to deposit into your home loan?
• Do you not intend to consolidate your idle funds into your home loan account?

If you've answered 'Yes' for all 3 questions, you may be a perfect candidate for Ideal Home Plan. If you have 1 or more 'No's, you may prefer a more flexible home loan such as HSBC HomeSmart.

Enjoy these benefits with HSBC Ideal Home Plan

• Margin of financing up to 90%#
• Free Moving Cost^ for completed and under construction properties
• No monthly fee and set-up cost
• Interest is calculated monthly
• Consider pairing your home loan with Takaful Products for complete home and personal protection

Requirements

• 18 to 65 years of age
• Your home is your only residential property
• Property value up to RM100,000 for Peninsular Malaysia or RM120,000 for East Malaysia
• Not applicable for refinancing

Documents required:

• Photocopy of NRIC
• Photocopy of Income Tax returns (J Forms) for 2 years
• Latest 3-month salary slips and bank statements
• Business registration documents and Profit & Loss account for company (if self-employed)
• Sale & Purchase Agreement or Property Title, and Letter of Offer from developer