Realise Your Dream of Home Ownership with a Great Loan TodayReal Estate by Pam Patty - December 12, 20170 There are few dreams which loom larger in the public consciousness than the ability to purchase a home someday. Symbolically, a home has long stood for economic prosperity and independence itself. Owning a home is taken as a sign that you have “made it.” What’s more, it can often be a better long-term investment than renting an apartment or other rental property. Since you come to own a home outright, you will, in time, have a valuable asset which you can then market or pass down to your children or their children. Add to that the fact that a home’s value can increase over time – leaving you with another sizeable gain – and the impetus to own a home becomes clear.With that said, however, first you have to be able to afford one. For many people, especially first-time homebuyers, home ownership is impossible without getting a housing loan first. Here, then, is a quick guide to help you get started if you’re looking to apply for a housing loan in Malaysia.Get a Quote or EstimateFirst and foremost, you’re going to want to know what costs are associated with any given loan. That can depend on a variety of socio-economic factors, as well as the lending agency to which you are looking to apply. As such, you’re going to want to get a quote or estimate as to the cost. Before that, however, you might want to look into an even more basic step – namely, utilising an online calculator to help you figure out how much you’ll need to borrow.The best home lending agencies offer estimates as well as calculators to help you ascertain any costs, as well as the degree of interest which may accrue on any given loan. They’ll work with you to crunch the numbers until you come up with a solution which works for you.Obtaining Your LoanOnce you have figured out the mathematics of the matter, you’ll be able to apply for your loan. Each loan is different, given that each client’s financial situation is different. Here again you’ll want to work with a house loan agency which can offer you the best rates as well as personalised assistance, thus ensuring that you get a loan which perfectly suits your needs. A standard housing loan in Malaysia is often tied to a Base Rate (BR), with financing options for Mortgage Reducing Term Assurance (MRTA). You’ll want to ask about both programmes when looking into a housing loan.Experience You Can TrustTaking out a housing loan is a serious economic venture, and you thus want to make sure that the process is handled seriously. As such, the best lending agencies can point to decades of dedicated experience in the field and a sterling customer service record to match.Attain your dream of home ownership with a personalised home loan today!