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Frequently Asked Questions (FAQ)
Mortgage Loans
A mortgage loan is a type of financing that helps individuals purchase a property. The property itself serves as collateral for the loan.
Loan eligibility depends on factors such as your income, credit score, existing debts, employment status, and property value. Banks assess these to determine your approval chances.
- Standard Home Loan – For purchasing a new property.
- Refinancing Loan – Transfer an existing home loan to another bank for better interest rates.
- Cash-Out Refinancing – Refinance your loan while withdrawing additional cash based on your home’s equity.
- Debt Consolidation Loan – Combine multiple debts into one mortgage for lower interest rates.
Most home loans in Malaysia have a tenure of 10 to 35 years, depending on your age and financial capability.
Typically, banks offer up to 90% + 5% of the property price for first-time homebuyers. The percentage may be lower for subsequent properties.
Interest Rates & Loan Repayments
Interest rates are usually floating rates based on the Overnight Policy Rate (OPR) set by Bank Negara Malaysia, plus a bank’s spread. Some banks offer fixed-rate loans.
Fixed Rate: Stays the same throughout the loan tenure.
Floating Rate: Changes based on market conditions and the bank’s Base Rate (BR).
Yes, most banks allow extra payments, but some may impose penalties if made during the lock-in period (usually 3-5 years).
Missing a payment may result in late fees, higher interest charges, and a negative impact on your credit score. Consistent non-payment could lead to foreclosure.
Refinancing & Cash-Out Options
Refinancing means transferring your existing mortgage to another bank for a lower interest rate, better loan terms, or additional cash-out options.
- If interest rates have dropped, allowing you to save on repayments.
- If you need to cash out some of your home equity for investment or personal use.
- If you want to consolidate high-interest debts into a single, lower-rate loan.
Banks typically allow you to withdraw up to 80% of your property value, minus your outstanding loan balance.
Application & Approval Process
Approval can take 5-14 working days, depending on document submission and bank processing time.
- For salaried employees: Payslips, bank statements, EPF statement, income tax records.
- For self-employed individuals: Business registration, company financials, tax filings.
Banks consider income stability, credit score, existing financial commitments, employment type, and debt-to-income ratio.
There’s no fixed score, but a higher score (650+) improves your chances of approval and better loan terms.
Legal & Fees
- Stamp Duty – Based on property price.
- Legal Fees – For loan agreement and property transfer.
- Valuation Fees – For property appraisal.
- Mortgage Insurance (MRTA / MLTA) – Optional but recommended for loan protection.
- MRTA (Mortgage Reducing Term Assurance) – Covers the outstanding loan in case of death or disability.
- MLTA (Mortgage Level Term Assurance) – Provides additional financial protection for beneficiaries. (It’s not mandatory but can provide security for your family.)
Yes, but restrictions apply. Foreigners usually need a higher down payment and may have limited financing options.
Getting Started
Finding a top wealth management firm to trust with your money and financial future is just as important as finding a good doctor. You want someone you can trust, who has your best interests at heart, and takes the time to get to know you. Let’s get started!
Please click on the link to our calendar or call our office at 292-3454-9008, and our team will set up your initial complimentary consultation. In this meeting, we will review your full financial picture, and evaluate if we are the best financial advisor for you.
What are your two primary services?
Fully Managed IT Services – Tecnologia monitors, manages, supports, and secures all IT systems and users for a fixed and predictable monthly fee.
Co-Managed IT Services – We support internal IT as an extension of your team. This role includes patching, repetitive tasks, one-off services, and special projects. We handle the backend while in-house IT manages everything else.
What other services do you offer?
Cybersecurity
IT Consulting
Cloud Services
Network Connectivity (ISP Services)
What business problems do you solve?
By leading with IT strategy and compliance guidance, Tecnologia fills two major gaps in the IT provider industry. This expertise helps clients:
- Save time, money, and increase profitability.
- Reduce employee frustration and improve team morale.
- Solidify defenses against data breaches, ransomware attacks, and legal exposure.
- Lower cybersecurity and compliance risk
What are your core services?
Core Services are fixed, baseline foundational resources included in every Fully Managed IT Service Level Agreement.
- vCIO – Strategic direction, budgeting, planning, and consulting services with account reviews and IT roadmaps to advance your digital transformation.
Managed Services Concierge – Your point of contact for all account details. This trusted advisor is the quarterback between your vCIO and the service team, managing questions about IT services, invoices, and every piece of business enabling technology that supports decision making, collaboration, productivity, compliance, business continuity, security, and efficiency. - Client Management Tools – Professional Services Automation, Ticketing, CRM, Remote Management and Monitoring, Documentation, Communication, Notification, and Data Privacy.
- Vendor Technical Assistance – We interact directly with your other technology vendors for incident remediation, opening tickets, escalating requests, or working to resolve incidents within your IT environment.
- We will also answer basic questions about your environment or provide access to systems the vendor has requested when approved by the client, such as allocating IP addresses for a copier, a security camera vendor or allowing network traffic for a vendor’s service.
- This assistance covers hardware manufacturers, software development firms, cloud service providers, ISPs, telecommunication brokers, printer and copier companies, and local couriers.
- Procurement Services – Tecnologia sources products exclusively from authorized channels and recommends business-class solutions. We also identify configuration options, ensure proper registration, manage licensing and warranties, and guarantee that all products are genuine.
Network Management – Monitoring, Administration, Reporting, Domain Name, and SSL Certificate Management, Remote Incident Remediation, and On-site Incident Remediation.
If a client has more than one location – with expanded Network Management & Vendor Technical Assistance requirements – additional Core Services charges will apply.
How are you different?
Tecnologia selectively partners with growing organizations that like applying strategy and budgets to a proven IT process based on standards and best practices – to improve performance and lower risk.
Tecnologia creates and maintains powerful, quiet, and secure IT systems by actively engaging and advising our clients in regularly scheduled Strategic Business Reviews with a vCIO.
Most Tecnologia locations limit new client onboardings to two per month. This approach allows us to institute comprehensive, data-driven quality controls – on the front end – which create increasing operating leverage for our clients throughout the lifetime of the relationship.
How do you maximize responsiveness?
Тecnologia is responsive by design. We partner with organizations that appreciate the value of following a standards-based approach to inform the architecture and lifecycle management of their IT systems.
This alignment allows clients to enjoy business optimizing technology that doesn’t require constant, reactive, emergency intervention – so they have more time to focus on growing their business.
We give users direct access to support, which eliminates bottlenecks and allows us to collect data and insights to identify training gaps and recommend system improvements.
Our Service Level Agreement prioritizes client matters and response times by P1, P2, P3, and P4. A significant server or cloud application outage is a P1.
Assisting with a password reset is a P4. Good news: we can set you up with a self-serve password solution, so you don’t have to open a ticket.
The outcome is similar to the concept of compound interest. When you invest in the process over time, both quality of service and responsiveness accrue. Failure to invest (or starting late) makes it impossible to catch up.
What is your industry focus?
Operationally mature organizations in the following verticals:
- Professional
- ServicesCPA
- Legal
- Finance
- Insurance
- Real Estate
- Consulting
- Manufacturing
- Healthcare
- Nonprofit