Owning a home is a dream many people share and Malaysia is no different. Unfortunately, all the finance jargon can turn getting a home loan into a tricky process. One way to make this easier is through home loan pre-approval. Understanding how pre-approval works can help homebuyers negotiate better deals, speed up the buying process and eventually achieve their dream of owning a home.
Home loan pre-approval is basically an agreement from a bank or financial institution that they will lend a certain amount of money to buy a property.
