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7 Best Home Loan in KL & Selangor [2023]

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Home Loan KL Selangor

Home Loan KL Selangor

Are you looking for the top home loans in KL and Selangor? Look no further! We have compiled a list of the 7 Best Home Loans in KL & Selangor [2022] that are perfect for first-time buyers, those who want to upgrade their current property or even those who are looking to buy another. All of these companies come highly recommended by previous customers, so make sure you read through our list before making your final decision.

1. Hong Leong Home Loan

A competitive house loan package that allows you to make extra payments and have a more accurate daily interest calculation so you can save money on interest.

They provide an Extra Margin for MDTA Financing. Mortgage Decrease Term Assurance is a term life insurance that covers death and total permanent disability in the event of your death or severe physical incapacity. With a little extra on your monthly, you may increase your financial security for yourself and your family.

  • Full Flexi Packages
  • Comprehensive product suite: Term Loans with Optional Overdraft, Semi-Flexi and Full-Flexi Packages

2. AIA Home Loan

  • Key Services: Life Protection, Medical Protection, Critical Illness Protection, Savings & Investment, Accident Protection, Property Solution, Motor Insurance and more.
  • Website.
  • Address: Jalan 4/91, Taman Shamelin Perkasa, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
  • Phone: +60 1-300-88-2886
  • Operating hours: Weekdays 8:30 am to 4:30 pm

The AIA enables you to turn your property ownership into a reality by providing long-term fixed mortgage rates for the entire loan term.The interest rate on AIA’s Fixed Rate Mortgage and Fixed Interest Rate is guaranteed not to fluctuate during the term of the loan.They can provide you with competitive tiered fixed rates that fit your budget. A longer repayment period of up to 35 years or age 70, whichever comes first. Easy instalment payment via direct debit, online interbank fund transfer, AIA Customer Centres and Maybank branches.

  •  Best Fixed-Rate Home Loan
  •  Fixed repayments despite BR changes
  •  No settlement penalty upon property sale
  • Suitable for Debt Consolidation and refinancing
  • Zero Moving Cost Package available

3. UOB Home Loan

UOB’s flexible mortgage solutions allow you to manage all of your financial requirements, which means you can: Reduce your loan term and save money on interest payments by making regular weekly or fortnightly repayments. When you collaborate with UOB Home Loan Malaysia, you may save up to 95 percent of your money. The longest duration of any UOB Home Loan Malaysia is 35 years, up to a borrower’s age of 70.

  • Full-Flexi Packages
  • Overdraft facilities available
  • Flexible Repayments – Daily to monthly frequency

4. Public Islamic Bank

Public Islamic Bank offers Islamic shariah-compliant finance packages for mortgages. The best product from Public Islamic Bank is the full-Flexi Home Save-i package, which comes with a linked current account.

  • Full-Flexi packages
  • Zero Entry Cost packages
  • Fixed-rate home loan package
  • Overdraft facilities available

5. Alliance Islamic Bank

The Alliance Islamic Bank provides conventional house financing. Customers can enjoy savings on interest and no monthly maintenance by utilizing the additional deposit and withdrawal options, as well as a redraw facility that allows them to store funds and earn interest.

  • Low-profit rate
  • Consolidate your loan into one account
  • Lower monthly repayment

6. Maybank Home Loan

  • Key Services: Home Loan, Personal Banking, Business Banking, Insurance and more.
  • Website.
  • Address: Petaling Jaya Main Branch, 50-52 Jalan Sultan (52/4) 46200 Petaling Jaya, 46730 Petaling Jaya, Selangor, Malaysia
  • Phone: +60 3-7958 1486
  • Email:
  • Operating hours: Weekdays 9:15 am to 4:30 pm

Maybank offers a variety of housing loan possibilities. Their MaxiHome, is one of the greatest housing loans in Malaysia. MaxiHome is a semi-flexible mortgage with a withdrawal benefit.

  • Low Early Settlement Penalty
  • Largest bank branch
  • High-end financing availability

7. Bank of China Malaysia Home Loan

The purchase of a completed or residential property that is currently under construction will be financed by the Bank of China Malaysia’s home loan.

The phrase “home loan” is used to describe a type of financing where the interest rate fluctuates from time to time, but you are using your home/property as a guarantee for this money.

BOCM Flexi Housing Loan is a type of housing loan that allows you to put aside extra funds and save interest. Excess funds may be withdrawn at any time for simple financial management, and you can handle your finances easily.

  • Best interest rate home loan
  • Best for loan amounts from RM300,000

Home Loan KL Selangor

Home Loans in KL & Selangor are available for you to choose from. This offers a variety of housing loan possibilities with flexible repayment options and low early settlement penalties.

Check out the links below to read other articles on our site:

What is a home loan?

A home loan is a type of loan that helps you finance the purchase of a home. The home can be a new home or an existing home. Home loans are usually long-term loans, which means they have a monthly repayment period of more than five years.

How does a home loan work?

A home loan works by you borrowing money from a lender, using your home as collateral. This means that if you default on the loan, the lender can repossess your home. Home loans typically have low interest rates and monthly payments, making them a popular choice for homebuyers.

What are the different types of home loans?

There are many different types of home loans, including fixed-rate loans, adjustable-rate loans, and government-backed loans. Each type of loan has its own set of pros and cons, so it’s important to compare your options before you decide on a loan.u003cbru003eFixed-rate home loans have interest rates that remain the same for the life of the loan. This means that your monthly payments will never change, making them easy to budget for. However, if interest rates drop, you’ll be stuck with the same high interest rate.u003cbru003eAdjustable-rate home loans have interest rates that can change over time. This means that your monthly payments could go up or down, depending on the market. Adjustable-rate home loans are usually only available for a set period of time, after which the interest rate becomes fixed.u003cbru003eGovernment-backed home loans are guaranteed by the government. This means that if you default on the loan, the government will pay off the loan for you. Government-backed home loans typically have lower interest rates and more flexible repayment terms than other types of home loans.

Who is eligible for home loans in Malaysia?

To be eligible for home loans in Malaysia, you must be at least 18 years old and a Malaysian citizen or permanent resident. You’ll also need to have a steady income and a good credit history.

How much can I borrow with a home loan?

The amount you can borrow with a home loan depends on your income, employment history, and credit history. Most home loans have a loan limit of RM500,000.

Rachel Tan - FunEmpire

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Rachel Tan is the editor at FunEmpire Media Malaysia. She has over 8 years of experience in the media industry discovering the best local businesses, places and things to do in Malaysia. From lifestyle, entertainment, food, travel, education and more, Rachel is a trusted source to curate the very best Malaysia has to offer.