The Hong Leong Refinancing scheme is a flexible facility that can be personalised to suit your needs. You can make extra payments during the tenure, and also withdraw any extra payments you have made previously. With the Hong Leong Refinancing scheme, you also can get up to 100% waiver on stamp duty charges.
|Stamp Duty||As per Stamp Duty Act 1949. You can get up to 100% stamp duty waiver.|
|Legal Fees||As per the scale on the Solicitors’ Remuneration Order.|
|Monthly Maintenance Fees||RM10.|
|Advance Payment Redrawing Service Fees||RM50.|
|Late Payment Charges||1% of the outstanding amount.|
|Eligibility Criteria||Individual customers|
|Application Type||Documents Required|
|Self-employed Sole Proprietorship/Partnership||
|Self-employed Company Director||
This loan is for those who want to refinance their home, and use the funds to meet any other need. There are a lot of flexible packages available to suit to your individual requirements. It is recommended to read the terms and conditions before applying for the loan.
Q. Is the loan applicable for non-residential properties?
A. Yes. The loan is applicable for both residential and non-residential properties.
Q. How can I make repayments for this loan?
A. You can make repayments in the following ways:
Q. Will I get the Mortgage Decreasing Term Assurance (MDTA) along with the loan?
A. You can opt for MDTA as per your preference.
Q. What is the current Base Rate?
A. The Base Rate of Hong Leong Bank is currently at 4.03%.
Q. Are there any processing fees if I repay via cheque?
A. Yes. RM0.50 processing fee will be charged per cheque.