{"id":51905,"date":"2022-03-04T19:09:52","date_gmt":"2022-03-04T11:09:52","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=51905"},"modified":"2022-03-07T10:31:56","modified_gmt":"2022-03-07T02:31:56","slug":"home-financing-is-now-available-on-the-mae-app","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/home-financing-is-now-available-on-the-mae-app","title":{"rendered":"Home Financing Is Now Available On The MAE App"},"content":{"rendered":"<p>Maybank has released Malaysia\u2019s first digital home financing solution, Maybank Home<sup>2<\/sup>u via its own MAE app in a bid to make home ownership easier for Malaysians.<\/p>\n<p>The digital home financing solution which is aimed to provide prospective home buyers a fully integrated and hassle free experience, from application, approval and signing the Letter of Offer (LO) without needing to visit a Maybank branch.<\/p>\n<p>Available in both conventional and Islamic home financing using Maybank Home<sup>2<\/sup>u, both existing and new Maybank customers who have their salary credited into their Maybank accounts are eligible to apply for home financing up to RM1 million without submitting any income documents and will have the choice to customise their home financing insurance via Maybank Home<sup>2<\/sup>u.<\/p>\n<p><a href=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-51906\" src=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual.jpg\" alt=\"Maybank Home2U online application\" width=\"1116\" height=\"628\" srcset=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual.jpg 1116w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual-300x169.jpg 300w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual-800x450.jpg 800w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2022\/03\/04185449\/Maybank-Home2u-Visual-768x432.jpg 768w\" sizes=\"auto, (max-width: 1116px) 100vw, 1116px\" \/><\/a><\/p>\n<p>\u201cThis enables us not only to enhance the customer experience for our home financing applications, but also expand our operational efficiency in the processing of home financing applications,\u201d CEO of Maybank\u2019s Community Financial Services,&#8221; Dato\u2019 John Chong said.<\/p>\n<p>\u201cAs Malaysians prepare for life in the endemic phase, we expect a pick-up in home purchases, as those who have been putting it off during the pandemic now feel more financially secure to make a big life decision. To give them a boost, we are offering up to 105% financing margin for first-time home buyers, making it easier to own a home without having to pay a steep deposit out-of-pocket,\u201d he added.<\/p>\n<p>Maybank anticipates that the digital home financing will appeal to the younger generation and first-time home buyers, whilst estimating that 20% of the Bank\u2019s total home financing approvals in the next 12 months will be from Malaysia\u2019s first digital home financing solution.<\/p>\n<p>To learn more about other benefits with Maybank, click <a href=\"https:\/\/www.imoney.my\/articles\/banking-new-normal-maybank\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New and old Maybank customers can now apply for home financing online, without the need to visit a branch.<\/p>\n","protected":false},"author":56,"featured_media":51907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[239,133,347,216],"tags":[403],"class_list":["post-51905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-loan","category-insurance","category-islamic-finance","category-news-updates","tag-maybank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>You Can Apply For Home Financing Directly In The MAE App<\/title>\n<meta name=\"description\" content=\"Maybank Home2u is a digital home financing solution that is now available on the MAE app for both new and existing Maybank customers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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