Make your home buying experience enjoyable and smooth with Maybank Home²u.
Now, you can apply online and instantly check your eligibility too!
Not too long ago, we had to look up the TV schedule in the newspaper to find the timings of our favourite shows and movies and then sit in front of the TV at that exact time, so that we would not miss it. With technological advancement, the likes of YouTube and Netflix have made it so easy for us to access movies and TV shows that we want to watch, anytime and anywhere, while we are on the go.
In the real estate arena, many developers are also making strides to digitalise and increase their online presence, with virtual showrooms to allow homebuyers to do viewings from the comfort of their own homes.
However, there remains a gap in the home-buying experience, where the process of applying for home financing is daunting, tedious and lengthy for homebuyers.
Typically, a homebuyer would have to scour many websites and contact various property agents to view a property. After viewing and deciding to proceed with the purchase, you then have to go through the ordeal of applying for home financing, often soliciting a few different banks to check rates, subsequently filling up a long application form and then waiting for approval, which may take days.
The whole ordeal is taxing as it involves a lot of back and forth, with little to no visibility to homebuyers on the application process, as you then have to manually follow up with the mortgage consultant for status and updates.
Set to be a game-changer to address this gap in the market, Maybank has upped the ante in home financing solutions with its new Maybank Home²u feature, making purchasing a property an easy, transparent and delightful experience.
It is a new feature on the MAE by Maybank2u app (MAE app) that is a truly digital one-stop solution for property purchases. Here, you can search for properties, instantly check your eligibility, apply for financing, track application status, obtain instant approval and chat with a consultant directly on the app, without prerequisite documentation.
Maybank Home²u relieves the stress and uncertainty that usually comes with home purchases with its key features, such as:
> Easy eligibility check: Through research, Maybank found that customers needed to jump through hoops to obtain their interest rates. With Maybank Home²u, you can instantly view your interest rate and maximum financing eligibility. The financing tenure and down payment adjustments can be done within the app to meet your desired monthly repayments. It also provides property recommendations based on eligibility. Better yet, no documents are required for this step.
> Simplified financing approval: If your salary is credited to a Maybank account, you can get your application approved instantly with your Letter of Offer ready within one hour on the same day. If it’s not, you would be able to track your application status with the status tracker function and connect with a dedicated consultant for your application directly within the MAE app.
> Assistance at your fingertips: It is only natural to have a lot of questions when making a huge financial commitment. You will be assigned to a dedicated consultant on your application to answer all your questions. Just tap the top right on the Maybank Home²u page to chat or speak with your consultant on the MAE app securely.
> Flexible financing options: When using Maybank Home²u, you would be privy to a slew of options, such as conventional loans and Islamic financing options. Furthermore, you would be able to check if there are financial schemes available for you, like Maybank’s MaxiHome, which provides a unique home loan facility to help you purchase your property at a competitive rate or the My First Home Scheme, which offers up to 105% financing.
> Browse properties by reputable developers: Explore Maybank Home²u’s specially curated marketplace with offers directly from developers like Ecoworld, IJM Land, Mah Sing, S P Setia, Sime Darby and more. With Maybank Home²u, customers can virtually explore 76 property listings from more than 20 developers between RM250,000 to RM2mil in attractive areas, including in the greater Klang Valley and expanding nationwide by May-June 2022. You can view room plans, essential development info, and facilities before applying for your home financing.
Whether you are a new homebuyer, looking for your second home or an investment buyer, you can always apply for financing for any new property that catches your eye through the Maybank Home²u feature on the MAE app.
But if you find your dream home elsewhere, fret not, as you can still apply via Maybank Home²u on MAE for all your financing needs.
For more information on Maybank Home²u, visit https://www.maybank2u.com.my/home2u-mae, or follow Maybank on Facebook, Instagram and Twitter for up-to-date details.
