MBSB 2GO - Own Home

Strictly for new purchases straight from developers this home loan offers you up to 100% financing on your newly built property

    • Up to 35 years
    • Term Islamic financing
    • Floating Profit Rate
    • 5 years lock in period
    • Up to 90% margin of finance
    • 30 days approval
  • You BorrowEstimated Profit Rate
    RM100000 - 5000004.50% p.a.

    *Effective profit rate will be determined by MBSB upon approval.

Fees & Charges

There are always fees but how much are they?

Late Penalty Fee
depends on agreed terms with the bank
Processing Fee
Early Settlement Fee
3.5% or RM6000, whichever is higher
Redemption Letter Fee
RM50.00 per request
Letter for EPF Withdrawal Fee
RM20.00 per request
Insurance Types
  • MRTA
  • MRTT
  • Fire Insurance


Are you eligible for this MBSB home financing?

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

Frequently Asked Questions about MBSB 2GO - Own Home

Things you might want to know

Tell me about the MBSB 2GO - Own Home?

If you are shopping around for properties sold by developers it might be worth your while to check out the MBSB 2GO - Own Home, a mortgage made especially for new builds. It's a conventional mortgage with the option to switch to a Shariah compliant home loan.

You will be given an MBSB X-tra line of credit, providing you with extra funds for modification purposes on your property. Your new home can be financed for up to a maximum of 90% on your borrowing, and 100% inclusive of other incidentals.

What do I pay monthly?

You must pay for your monthly installments, that's for sure. Each one will be calculated using the ECOF, which is equivalent to the BLR, at 6.85%. Any extra deposits will only be regarded as advance payments and cannot be used to reduce interest charges and tenure.

Compared to MBSB's other home loans, for borrowing below RM150000, you will be offered significantly lower interest amount of ECOF + 0%. With that said, this would be an ideal mortgage type if you would want to finance a low cost property from a developer.

What if I choose to go with the Islamic variation of this home loan?

By opting for the MBSM 2Go - Own Home-i you will enjoy a capped bank profit rate at 11%.

How can I be eligible for this home loan?

Everyone is eligible for this home loan, including foreigners who wish to own a house here in Malaysia. It helps to have a good credit rating though.

What documents do I need when I apply for this mortgage?

For salaried applicant:

NRIC / Identity Card
Property Valuation Report
Latest 3 consecutive months’ salary slips / vouchers
Latest EPF statements
Latest EA form
Letter of Confirmation of Employment and Remuneration
Completed Application form

For self-employed applicant:

Application Form duly completed
NRIC / Identity Card
Business Registration / Form 24 and 20
Property Valuation Report
Latest 6 months Bank Statement
Latest EPF statements
Latest EA form
Completed Application form

Additional documents for foreigners:

Latest Valid Passport and VISA
Valid Working Permit

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