Home Loans

Whatever your life's priorities are, here’s a home loan that's made flexible for your changing needs.

As you move through life your priorities change. HomeSmart is a flexible home loan that lets you rearrange your priorities anytime. When buying your first home, perhaps you would want to pay it off as soon as you can by depositing excess payments. A few years down the road, you may have a child on the way. HomeSmart then lets you withdraw the excess payments to help you create a cozy home for your baby. That's the power of flexibility in HomeSmart.

Just starting out?

Finally, your dream is coming true. At this stage in life, you may not have a high level of disposable income yet HomeSmart can make every cent count. By just depositing your entire salary and leaving a little extra excess payment in your HomeSmart account every month makes a big difference in how soon you can pay off your home loan. You may also opt for the HSBC HomeSmart with Step-Up** that starts with lower initial monthly instalments and gradually rise to match your projected income as you become more successful.

Building a family?

Your family is growing. You need to renovate your home to accommodate a larger family. And you are feeling financially stretched. The excess payments you have built up over the years will now come in handy. Withdraw them to tide you over. Once your finances stabilise, you can then start depositing excess payments again.

Enjoy the power of flexibility and more

• Flexible features to let you rearrange life's priorities anytime
• Use the 3 Simple Ways to own your home in ½ the time*
• Daily interest calculation
• Easy withdrawal of excess payments
• Protection for you & your loved ones

Now you can own a home that matches your potential, not your salary. HomeSmart Step-up lets you pay less now and more when you prosper.

Lower initial payments lets you move into a grander, better home sooner. Instalments start up to 20% lower than usual for the first year and gradually rise to match your projected income as you become more successful.

For example, your current salary may not qualify you to take up a RM300,000 financing, with a monthly instalment of RM1,988. But with Step-Up your instalments starts at only RM1,591 (20% reduction) and works its way up in subsequent years.

With HomeSmart Reserve, you are able to get additional loan secured against your existing property. You can use this additional loan for anything you need, be it your child's education, home renovations, a relaxing family vacation or even venture into a long awaited business or investment opportunity.

If you have already finished servicing the home loan/home financing of a property and the property is now unencumbered, you are able to secure a loan against the unencumbered property with HomeSmart Advantage. You can use this home loan to turn the unencumbered worth of your home into cash and in turn, it can be used for making home improvements or any other expenses.