Citizens of all countries regardless of age, religion, age or gender. You are allowed to bring your spouse, unmarried children under the age of 21 and your parents. Plus, you can also apply for a helper or maid service to make your stay in Malaysia more comfortable. If you are worried about leaving your pet behind in your home country, fret not as there are specific MM2H procedures which allows your furry friend to tag along.

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To add a new question go to app settings and press "Manage Questions" button.

Yes! Users can add video from YouTube or Vimeo with ease: Enter App Settings Click the "Manage Questions" button Click on the question you would like to attach a video to When editing your answer, click on the video icon and then paste the YouTube or Vimeo video URL That's it! A thumbnail of your video will appear in answer text box

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Know your holding power, cash flow Analysize your target tenant/buyer calculate ROI Alternatively, you can seek free consultation with MariHome's investment team and we provide services to manage your investment portfolio.

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If the loan request is approved, the Letter of Offer will be given to the purchaser within approximately a week. Below are some of the terms that property buyers will encounter in their loan documents: 1. Type Of Loan There are a number of different mortgage loans in the market, depending on what the borrower’s requirements are. Among the available ones are the Standard Home Loan, Flexi Home Loans, Home/Personal Loan Package and the Islamic Home Loans. Standard Home Loan Of the most common loans in the market is the Standard Home Loan. This loan’s interest rates are calculated based on either fixed or floating interest rates. Depending on the borrower’s needs, they can either select fixed rates which will not be affected by the market, or they can opt for floating interest rates which will be affected in case of change of Overnight Policy Rates (OPR). Flexi Home Loan The Flexi Home Loan is a loan option for those with extra cash in hand. It allows individuals to put their money in a dedicated account which the property monthly instalments will be deducted from, where the extra cash will offset the interest rates. In times of need, these funds can be withdrawn and the interest rates on the mortgage loan will be recalculated accordingly. Islamic Home Loan The Islamic Home Loan is similar to the Standard Home Loan, except that it is tailor-made for Muslims. This loan uses a different way to determine how much the bank will earn from providing the loan, based on the Base Finance Rate (BFR). 2. Amount Of Loan Following this, the most important factor is how much the bank is willing to loan to the borrower. The loan amount will be reflected in the Letter of Offer, informing the loaner how much the bank is willing to lend them. 3. Purpose Of Loan Stated in the Letter of Offer will also be the Purpose of the Loan, which in this case the purpose would be the financing of a property. 4. Description Of Property Slightly similar to the Sale & Purchase Agreement (S&P), the Letter of Offer will also state on a bigger picture the description of the property. Whilst the S&P will give the blueprint of the property, the Letter of Offer will state the type of property the banks are financing. 5. Duration Next to the loan amount that the bank is willing to provide, the duration of the loan plays an equally important role. As of the year 2019, the longest loan term is 35 years - previously 40 years, or until the borrower turns 70 years old - whichever earlier. This is however the maximum time, and the number of years can be shortened drastically depending on the age of the borrower. The older the borrower, the shorter the number of years. 6. Processing/Set Up Fee The set up fee is a one time fee charged by the bank. The amount to be paid will be stated in the Letter of Offer. 7. Monthly Service Charge For the bank’s monthly services, a small fee will be charged as well. This charge will be known as the Monthly Service Charge, and it will also be stated within the Letter of Offer. 8. Prevailing Interest And Repayment The Letter of Offer will also show a detailed chart for the repayment schedule, and the interest rates that the property buyer will be charged. 9. Instalments Based on the loan amount and the loan tenure, the monthly instalments will be calculated accordingly. 10. Security Documents Security documents are for the security of the bank in ensuring that the client has sufficient funds to service their loans. Different documents may be required for different circumstances. 11. Prepayments Prepayments cover the possibility of the borrower making an excess payment. The Letter of Offer will state what benefits the borrower will enjoy for making an excess payment, or completing their loan repayment early, if any. 12. MRTA/MLTA Housing insurance is also usually offered by the banks. This cost can be included in the property loan, if the borrower wishes for it to be. The other option that the borrower can opt for is to purchase the housing insurance from an external insurance company.

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