Hong Leong Bank

Hong Leong Flexi Mortgage

Save the big bills for later - with this Flexi Mortgage you can defer up to 35% of the cost of your home loan until the end of the mortgage term

    • Up to 30 years
    • Semi-Flexi loan
    • Float Interest Rate
    • 3 years lock in period
    • Up to 90% margin of finance
    • 30 days approval
  • You BorrowEstimated Interest Rate
    RM200000 - 4000003.44% p.a.
    RM400001 - 8000003.34% p.a.
    RM800001 - 10000003.29% p.a.
    more than RM10000013.24% p.a.

    *Effective interest rate will be determined by Hong Leong Bank upon approval.

View product disclosure sheet.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Withdrawal Fee
RM10.00 for each withdrawal
Processing Fee
No Fee
Monthly Fee
Early Settlement Fee
3% of the remaining balance
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM20.00 per request
Insurance Types
  • MRTA
  • Fire Insurance


Are you eligible for this Hong Leong Bank home loan?

Minimum annual income
Minimum age
18 years old
Maximum age
70 years old
Who can Apply
  • Any nationality

Frequently Asked Questions about Hong Leong Flexi Mortgage

Things you might want to know

What is this Flexi Mortgage loan? Explain like I'm five?

This conventional term loan comes with a bullet payment feature. No, that's got nothing to do with guns or shooting the errant bankers who caused the global housing crisis, it means you can push a fixed amount of your loan to the end of your mortgage term as a sort of deferred final repayment. You can put off up to 35% of the total loan amount which will help keep the cost of your monthly repayments down.

Subject to the usual credit check and approval Hong Leong Bank home financing can lend you up to 90% of the value of the property, whether it's complete or under construction. If you start your mortgage whilst your house is still being built you'll only have to make payments on the interest until work is finished.

How is my monthly installment calculated?

Your monthly housing loan payment is calculated using an interest rate based on the BR. As the BR may vary according to Malaysia's economic climate your monthly repayments might also go up or down.

Hong Leong lets you pay more than your fixed monthly payment whenever you like, treating extra funds repaid as an advance on the principal. This, along with the deferred payment feature, will allow you to reduce your interest over time.

Will I need to get insurance?

Hong Leong offers a great package on insurance. HLA Life MDTA will guarantee that your family home remains safe and secure in the unfortunate event of your death or disability. It's not compulsory but if anything happened to you would you want to leave your family homeless?

What's so good about this Hong Leong Flexi Mortgage?

If you're wondering whether or not you can afford the house of your dreams this isn't a bad mortgage package to consider. By deferring up to 35% of your total borrowing to be paid as a lump sum at the end of the mortgage term you are effectively reducing your monthly repayments.

You will need to weigh this up against your ability to increase your future earnings, or savings, to put money aside toward that lump sum payment, but the mechanics of this home loan might suit your circumstances.

Who can apply for Hong Leong Flexi Mortgage?

Anyone 18 years of age or older can apply for this housing loan. The upper limit states that you need to be 70 years old (or younger) at the end of the mortgage term. Applicants between the ages of 18 and 21 will need to provide a guarantor.

What documents do I need to make a home loan application?

Salaried applicant:

NRIC photocopy
Salary Slips (last 3 months)
EA form/ EPF statement (last 2 years)
Latest Borang BE (supported with tax payment receipt)
Bank statement/ saving passbook (last 3 months)
Letter (or Contract) of Employment

Self-employed applicant:

NRIC photocopy
Latest 3 months' salary slip
Bank statement/ saving passbook (last 6 months)
Latest Borang B (supported with tax payment receipt)
Commission statements (last 6 months)

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