Why ING Home Loan?

Why ING Home Loan? At ING, we GUARANTEE you a rate that is FIXED for the entire tenure of the loan. You do not have to worry about the fluctuations in the BLR. When you subscribed to an ING Home Loan, we fix your installment and the tenure of the loan. By paying your installment monthly, you are GUARANTEED to own your home at the end of the tenure. ING Home Loan

Over the last 26 years, BLR has gone up to the highest touching 12% p.a. and the lowest at 5.55% p.a. BLR currently stands at 5.55% p.a. ING Home Loan

From the graph above, 23 years BLR average is at 8.23%. Our offered interest rate is at 4.85% can save you thousands of ringgit throughout your loan tenure.

Summary

Interest Rate (Correct at press time and subject to change without notice) ING Home Loan	For Completed Properties & Selected Under Construction Projects 4.85% p.a. fixed for the whole tenure (Non-Zero Entry Cost Package) 5.25% p.a. fixed for the whole tenure (Zero Entry Cost Package) Margin of Financing: Up to 90% Zero Entry Cost Package - ING absorbs the following fees: 1. Legal fees for loan documentation 2. Stamp duty for loan documentation 3. Disbursement for loan documentation 4. Discharge of charge (for Refinancing cases) 5. Valuation report fee
Margin of Financing ING Home Loan	For Completed Properties Landed & Non-landed – Up to 90% For Under Construction Properties Landed – Up to 90% Non-Landed – Up to 80% Foreigners – Up to 70%
Loan Financed	Minimum – RM100,000 Maximum – RM5,000,000
Who Can Apply? ING Home Loan	Malaysian / Malaysian PR Foreigners with working permit Aged 21 & above
Loan Tenure	Minimum – 5 years Maximum - 30 years or Age 65, whichever comes first
Properties Financed ING Home Loan	Under Construction – Klang Valley Completed – Klang Valley, Penang, Ipoh, Seremban, Melaka, Johor Bahru, Kuantan, Kota Kinabalu and Kuching Note: Leasehold properties must have 21 years of unexpired lease at the end of the loan. Malay Reserve & Native Land is strictly prohibited
Prepayment	Prepayment is allowed at any time and no notice required. You can pay any amount as often as you like
Exit Penalty ING Home Loan	Applicable for refinancing only within the lock in period of 5 years from the date of first drawdown of the loan
Insurance ING Home Loan	All loans must be adequately protected by ING Life policy or ING MRTA policy during the tenure of the loan Fire Insurance is also compulsory for landed property