Hong Leong Bank

Hong Leong Special Housing Loan

Realise your dream of owning a house! Take up a mortgage plus MDTA home insurance with Hong Leong Bank. Competitive package for low income earners!

    • Up to 30 years
    • Full-Flexi loan
    • Floating Interest Rate
    • 3 years lock in period
    • Up to 90% margin of finance
  • You BorrowEstimated Interest Rate
    up to RM720005.85% p.a.

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

Apply online now for Hong Leong Special Housing Loan

RinggitPlus will help you every step of the way.

By typing your contact information, you agree to our terms & conditions. We respect your privacy and are committed to handle your personal information safely and responsibly.

You've almost completed your application for Hong Leong Special Housing Loan

To help you better we need to know a little bit more about your application.
Confirm your application

Oops. We can't seem to get a quote for you for a while there. Please click "Get Quote" again.

Please fill in all fields and enter a valid email

Thank you for applying with RinggitPlus!

We’ve sent you an email to help with your application.

Continue to Hong Leong Bank website

If you have any questions let us know at can@ringgitplus.com, we'd love to help!

Follow us to keep in touch and not miss out on offers and promotions.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
1% p.a. of the outstanding amount
Processing Fee
No Fee
Early Settlement Fee
Subject to terms of agreement with bank
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request
Cancellation Fee
RM2000 for cancellation before loan disbursement
Insurance Types
  • MDTA

*inclusive of 6% GST


Are you eligible for this Hong Leong Bank home loan?

Minimum age
24 years old
Maximum age
35 years old
Who can Apply
  • Malaysians

Frequently Asked Questions about Hong Leong Special Housing Loan

Things you might want to know

How does Hong Leong Special Housing Loan work?

If you're thinking of buying your first house, Hong Leong Special Housing Loan could be your ticket to ride. This home loan is designed for first time house buyer who wish to get their hands on properties worth a maximum of RM60,000 for Peninsular Malaysia, or RM72,000 in East Malaysia. There is no minimum income requirement, but as a rule of thumb, you can only borrow up to 3 times your monthly income.

Subject to your credit rating, Hong Leong will be able to finance up to 90% of your property's value! Also, the application process is hassle-free. You can simply get a sales personnel to visit you at your convenience.

How do I pay for my installments?

Before we tell you how to pay, you might need to know what you will be paying for each month: a portion of your principal, plus the interest, which is calculated monthly based on the BR. Loans that are already approved and extended prior to January 2, 2015 will still follow the old BLR until the end of the loan tenure

You can make your repayment via ATM, online transfer from a Hong Leong Bank account, Interbank GIRO, Hong Leong Bank branches, or a standing instruction - a very useful service if you want your payments to always be on time.

Do I need homeowner's Insurance?

Oh boy, of course you would need one! If you wish to take up this home loan, you are required to secure your property with Mortgage decreasing Term Assurance (MDTA) which is a term life insurance that covers you and your family for death and total permanent disability. To enjoy this benefit, you are required to pay a higher monthly instalment to include insurance cost.

What documents do I need to apply for this housing loan?

Depending on your employment, you will need to bring along the documents listed below:

If new salaried employees:

Latest 3 months salary slips

Latest Borang BE (supported by tax payment receipt)

Latest EPF statement

Latest 3 months bank statement / saving passbook

Letter of employment

If you are self-employed:

Latest 6 months bank statements or savings passbook

Latest Borang B (supported with tax payment receipt)

Latest 6 months commission statements

Read More