HSBC HomeSmart
Priorities change depending on where you are in life. HomeSmart is the home loan that offers the flexibility to prioritise what is most important to you.
Benefits
Transactional flexibility of a Current Account
Deposit excess funds to save interest and shorten your loan tenure
Withdraw excess funds anytime without charges
Daily interest calculation
Different types of HomeSmart loan
HomeSmart
Purchasing a new home or refinancing an existing home? Choose HomeSmart to enjoy interest savings by depositing excess fund into the HomeSmart account.
HomeSmart Reserve
Need extra fund for investment, emergency or simply for your child's education? Get additional loan on top of your existing financing with us.
HomeSmart Advantage
Leverage on your unencumbered property to get more cash, be it to improve your life or your home.
Frequently asked questions
Documents required
You will need the following documents when applying for HSBC HomeSmart:
- A photocopy of identity card or passport
- Your latest 3 months' salary slip
- Your latest income tax return form (Form B/BE) or EA form or latest EPF statement not exceeding 12 months old
- If new salaried employees (at least 3 months in service), Letter of Appointment or confirmation letter from employer stating salary/allowances
- Sale and Purchase Agreement/deposit or booking receipt/letter of offer from the housing developer
- A photocopy of the land title (if any)
- The latest bank statements dating back six months (compulsory in the absence of salary slips and/or EA Form) showing salary/payment credited to the account
- If you are self-employed, you need to provide your business registration documents, latest 6 months bank statements, latest financial statements and other supporting documents to support your income
Apply for HSBC HomeSmart
If you have all the documents required, then apply for HomeSmart today.
Things you should know
| Item | Details |
|---|---|
| Reference rate | Base Rate (BR) = 2.39% (on and after 15 Jul 2020) |
| Interest rate per annum | BR + 1.11% |
| Effective lending rate | 3.50% |
| Item | Reference rate |
|---|---|
| Details |
Base Rate (BR) = 2.39% (on and after 15 Jul 2020) |
| Item | Interest rate per annum |
| Details | BR + 1.11% |
| Item | Effective lending rate |
| Details |
3.50% |
Above is based on loan amount of RM350,000, 30 years tenure, no lock-in period.
1A standard housing loan is a term loan with a fixed repayment schedule.
Related products
HSBC HomeSmart-i
Based on the principle of Diminishing Musharakah.
Ideal Home Plan
You have simple needs which makes this home loan ideal for you.