Mortgage Loan

Interest as low as 5% per annum

No processing fee

Customisable loan package

Joint-applicant allowed

Consider the First Mortgage Loan for house owners whose houses are entirely paid off or purchased one-off with cash. Customers can apply for First Mortgage Loan by pledging their properties as collateral to Icon Venture Capital.

What you'll need:

For Personal:

  • Application Form
  • Copy of IC (MyKad)
  • Latest 3 months Salary Slip/Pay Slip
  • Latest 3 months Bank Statement
  • Latest EPF or Tax Declaration Form (BE Form)
  • Utility Bill: Electricity, water, etc
  • Address Confirmation (example): Phone/Internet Bill, Mail from Banks, Tenancy Agreement
  • Extra documents will be required on case to case basis

For Company:

  • Application Form
  • Copy of IC (MyKad) of all Directors
  • Latest SSM & Company Stamp
  • Latest 6 months Company Bank Statement
  • Latest 2 years Audited Account Report (if available)
  • Latest 6 months of Purchase Order/Invoice
  • BE Form & Tax Receipt (if available)
  • Utility Bill: Electricity, water, etc
  • Extra documents will be required on case to case basis

Loan Calculator

Our loan calculator will help you gain a better understanding of how much you could borrow and how much your repayments might be. Whilst this calculator will give an indication of monthly payments. The rate you're offered may differ from the illustrative shown. Actual loan amount and repayment is subjected to your credit score.

Loan Amount (RM):

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Interest Rate (%):

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Loan Period (Months):

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Monthly Repayment is RM {{loanRepayment}}

*This estimate is calculated using an effective rate of 5% - 18% and may not reflect to your final rate.

Case Study

Andy runs the F&B business. He has five properties and plans to convert his mortgage into cash to expand the business. One of his property is worth RM 1,500,000 and he still owes RM 500,000 on his previous mortgage loan, he can refinance and cash out up to RM 505,000. So he takes out a mortgage loan by pledging his property and getting the loan for his business expansion purposes. This can be achieved through Icon Venture Capital’s list of financial products under the mortgage loan product.

Case Study

FAQ

How long is the loan tenure?
Up to 30 years, or until the age of 65
Is there any processing fee?
No processing fee applicable
Is the interest rate calculate based on daily or monthly basis?
Interest rate calculate on monthly basis
Can I have a joint-applicant on the loan?
Yes, 3rd party charge is allowed