Key Takeaways

• • Compare the effective interest or profit rate, not just promotional figures.
  • Check whether the package is full-flexi, semi-flexi or a standard term loan.
  • Review the financing margin, tenure, fees and insurance or takaful requirements.
  • Consider lock-in periods, redraw charges and early settlement terms.
  • Choose a home loan that suits your income, property type and repayment habits.

The top banks for a home loan in Malaysia in 2026 include Maybank, CIMB, Public Bank, RHB, Hong Leong Bank, AmBank, UOB, OCBC, BSN and Bank Islam.

Getting a home loan today in Malaysia is easier than ever, and if you’re a prospective buyer, you need not break you bank trying to purchase a home. Banks offer a variety of flexible and convenient loans that can help you achieve your dream of home ownership.

This is an editorial selection rather than a fixed ranking. The right bank will depend on the effective rate offered, financing margin, flexibility, eligibility requirements and total borrowing cost. Plus, it’s also important to consider your own borrowing situation and what you may need.

Which Banks Offer Home Loans in Malaysia in 2026?

Figures are based on selected products and remain subject to eligibility, property type, approved package and the bank’s latest terms.

What Should You Compare?

Focus on the effective interest or profit rate, financing margin, tenure, monthly instalment, flexi features, redraw terms, lock-in period and total fees.

Many banks offer tenures of up to 35 years, subject to age and eligibility. A longer tenure may reduce monthly repayments but increase the total amount paid.

Banks also assess income, existing debts, repayment history, property type and credit information, including CCRIS records and private credit reports such as CTOS.

How Were These Banks Selected?

The banks were selected based on product availability, financing options, flexi or first-home features, borrower suitability, digital tools and established residential lending presence.

Inclusion does not guarantee the lowest rate or approval.

1. Maybank

 Product To Discuss: MaxiHome Flexi Loan and Maybank Islamic home financing.

 Why It Stands Out

 MaxiHome Flexi combines a home loan, savings account and current account in one 3-in-1 facility. Savings deposited into the account automatically reduce the outstanding principal used for daily interest calculations.

The product currently advertises financing of up to 90% and tenure of up to 35 years or age 70, whichever comes first. Excess payments can be withdrawn without an additional withdrawal charge under the published product terms.

Key Features

• • Up to 90% financing.
  • Tenure of up to 35 years.
  • Daily interest calculations.
  • Flexible additional payments.
  • Withdrawal of excess payments.
  • Conventional and Islamic options.

Potentially Best For

Borrowers who want a broad product range and expect to keep extra savings in a linked mortgage account.

What To Compare

Check the final financing margin, account requirements, lock-in period and whether legal, valuation or mortgage-protection costs are included.

2. CIMB

Product To Discuss: CIMB HomeFlexi Smart and HomeFlexi Smart-i.

Why It Stands Out

CIMB’s flexi products allow borrowers to make additional deposits to reduce interest or profit costs and access surplus funds through its digital banking services.

HomeFlexi Smart-i currently advertises financing of up to 95%, inclusive of selected MRTT, legal and valuation costs. The maximum tenure is 35 years or age 70, whichever comes first.

Key Features

• • Up to 95% financing for selected packages.
  • Maximum tenure of 35 years.
  • Conventional and Islamic options.
  • Additional deposits and withdrawals.
  • Purchase and refinancing facilities.
  • Zero Moving Cost option on eligible packages.

Potentially Best For

Borrowers who want strong digital tools and the choice between conventional and Islamic flexi financing.

What To Compare

Review the final effective rate, redraw procedure and how much of the 95% margin relates to the property price versus protection, legal and valuation costs.

3. Public Bank

Product To Discuss: Public Bank 5HOME Plan.

Why It Stands Out

Public Bank’s 5HOME Plan offers several residential loan structures for different repayment and cash-flow preferences.

Interest is calculated on a daily-rest basis, and selected facilities include a redraw option. The published maximum tenure is 35 years.

Key Features

• • Tenure of up to 35 years.
  • Daily-rest interest calculations.
  • Several facility structures.
  • Optional redraw facility.
  • Branch-based support.
  • Refinancing options.

Potentially Best For

Borrowers who want an established local bank and a choice of conventional mortgage structures.

What To Compare

Confirm which facility under the 5HOME Plan is being offered and whether it operates as a standard term loan, redraw loan or overdraft-linked facility.

4. RHB Bank

Product To Discuss: RHB MY1 Full Flexi Home Loan.

Why It Stands Out

RHB’s MY1 Full Flexi Home Loan allows additional payments to reduce interest costs while retaining access to surplus funds.

The published minimum loan amount is RM30,000. Selected packages advertise financing of up to 90% of the property value, with an additional amount for eligible mortgage protection and related entry costs.

Key Features

• • Minimum loan amount of RM30,000.
  • Full-flexi repayment structure.
  • Additional payments reduce interest.
  • Online redraw access for eligible accounts.
  • Conventional and Islamic options.
  • Selected high-margin packages.

Potentially Best For

Borrowers who plan to use bonuses, commissions or surplus savings for extra repayments.

What To Compare

Check how the financing margin is divided, whether a linked account is required and which redraw or maintenance fees apply.

5. Hong Leong Bank

Product To Discuss: Hong Leong MortgagePlus.

Why It Stands Out

MortgagePlus links a mortgage to a current account so that eligible surplus funds reduce the balance used for interest calculations.

Under current terms, the amount offset against the mortgage is generally limited to the lower of the advance payment or 30% of the outstanding balance.

Key Features

• • Linked current account.
  • Daily-rest interest calculations.
  • Offset of up to 30% of the outstanding balance under current terms.
  • Access to eligible surplus funds.
  • Conventional mortgage options.

Potentially Best For

Borrowers who regularly maintain extra savings but still want access to those funds.

What To Compare

Review the offset limit, current-account charges, withdrawal process and whether your expected savings balance makes the structure worthwhile.

6. AmBank

Product To Discuss: AmBank Home Loan/HomeLink.

Why It Stands Out

AmBank offers a standard home loan and the HomeLink structure, which can combine a term loan with an overdraft facility.

The bank currently advertises a financing margin of up to 95%, including eligible MRTA or MLTA costs. Borrowers can also make additional repayments and withdraw excess payments, subject to the facility terms.

Key Features

• • Up to 95% financing, including selected protection costs.
  • Term-loan and overdraft combination.
  • Flexible additional repayments.
  • Access to excess payments.
  • Conventional and Islamic options.

Potentially Best For

Borrowers who want more control over repayments and may use an overdraft-style facility to manage changing cash flow.

What To Compare

Review the rate applying to each portion of the facility, linked-account charges, redraw fees and whether the extra flexibility justifies the cost.

7. UOB Malaysia

Product To Discuss: UOB Intelligent Home Loan, Flexi Mortgage and Home Financing-i.

Why It Stands Out

UOB’s Intelligent Home Loan lets borrowers choose monthly, fortnightly, weekly or daily repayments. It also includes a redraw facility for eligible prepaid amounts.

The product advertises tenure of up to 35 years or age 70 and financing of up to 95%, including MRTA. The minimum published loan amount is RM100,000.

Key Features

• • Monthly, fortnightly, weekly or daily repayments.
  • Minimum loan amount of RM100,000.
  • Up to 95% financing, including MRTA.
  • Tenure of up to 35 years.
  • Redraw and payment-holiday features.
  • Conventional and Islamic options.

Potentially Best For

Borrowers who want control over repayment frequency or receive income more frequently than once a month.

What To Compare

Confirm redraw terms, the treatment of skipped repayments and whether Intelligent Home Loan or Flexi Mortgage better matches your cash flow.

8. OCBC Bank Malaysia

Product To Discuss: OCBC Home Loan and OCBC Al-Amin Manarat Home-i.

Why It Stands Out

OCBC offers a choice of term-loan, overdraft or combined facilities. Borrowers can make additional capital payments and may redraw approved prepaid amounts.

Its current terms include a tenure of up to 35 years and a RM10 charge for each approved redraw request. OCBC also states a minimum gross monthly income of RM5,000 for its advertised conventional home loan.

Key Features

• • Term-loan, overdraft or combined structures.
  • Tenure of up to 35 years.
  • RM10 redraw fee under current published terms.
  • Minimum monthly gross income of RM5,000 for the advertised conventional product.
  • Conventional and Islamic options.
  • Refinancing facilities.

Potentially Best For

Borrowers who meet the income requirement and want a mortgage structured around their repayment and redraw needs.

What To Compare

Check the approved facility type, redraw discretion, income requirement, financing margin and conditions linked to other OCBC products.

9. Bank Simpanan Nasional

Product To Discuss: BSN MyHome, MyHome-i, MyFirstHome and MyFirstHome-i.

Why It Stands Out

BSN offers mainstream home financing as well as products aimed at first-time buyers and applicants with irregular income.

BSN MyFirstHome-i currently covers property prices from RM25,000 to RM300,000, with financing of up to 110% and tenure of up to 35 years. The published profit rate is SBR plus 1.60%, although the effective rate can change when SBR changes.

Key Features

• • Property price range of RM25,000 to RM300,000 for MyFirstHome-i.
  • Up to 110% financing.
  • Tenure of up to 35 years.
  • Published rate of SBR plus 1.60% for MyFirstHome-i.
  • Fixed- and irregular-income applicants.
  • Conventional and Islamic options.

Potentially Best For

Eligible first-time buyers, self-employed applicants and borrowers whose income is irregular or difficult to document through standard payslips.

What To Compare

Review the property price cap, eligible related costs, income criteria and documents required to prove recurring income.

10. Bank Islam Malaysia

Product To Discuss: Baiti Home Financing-i.

Why It Stands Out

Bank Islam’s Baiti Home Financing-i is a Shariah-compliant facility for completed or under-construction residential properties.

The product currently advertises financing of up to 90% and tenure of up to 35 years or age 70, whichever comes first. Its current product information also states that there is no lock-in period, subject to the financing terms.

Key Features

• • Financing of up to 90%.
  • Tenure of up to 35 years.
  • Completed and under-construction properties.
  • No stated lock-in period under current product terms.
  • Effective and ceiling profit rates.
  • Ibra’ or rebate treatment.

Potentially Best For

Borrowers who prefer Islamic home financing from a dedicated Islamic bank.

What To Compare

Check the effective profit rate, ceiling rate, takaful requirements, financing margin and any early settlement conditions.

How Can You Choose the Right Bank?

Compare written quotations from several banks using the same financing amount and tenure.

Focus on the effective rate, monthly instalment, total estimated repayment, financing margin, fees and flexi conditions.

A flexi loan may be useful if you regularly make extra payments. It may offer less value if you only pay the required instalment and the facility charges account or redraw fees.

Review your CCRIS records, prepare income documents and avoid submitting numerous full applications before shortlisting suitable packages.

Picking the Right Home Loan Provider

There is no single best home loan provider for every buyer in Malaysia. The right option depends on your income, property type, financing needs, credit profile and preference for conventional, Islamic or flexi repayment structures.

WH Asia can help buyers compare suitable mortgage loan options across multiple banks and support applicants through the comparison and application process.

Contact us today to learn more and get help with your home loan decisions.

Important Disclaimer: This article is for general information only and does not constitute financial advice, a loan offer or a guarantee of approval.

Rates, fees, financing margins, promotions, eligibility requirements and product features can change. Figures in this guide relate to selected products and may not apply to every borrower or property. Review the bank’s latest product disclosure sheet and letter of offer before making a financial commitment.

Frequently Asked Questions About Choosing the Right Brand for a Home Loan in Malaysia

Which Bank Has the Lowest Home Loan Rate in Malaysia?

No single bank offers the lowest rate to every borrower. The final rate depends on the property, financing amount, tenure, income, debts, credit profile and current promotions.

How Much Salary Do I Need for a Home Loan in Malaysia?

The required salary depends on the property price, deposit, existing debts, requested tenure and the bank’s affordability assessment.

Can I Get a 100% Home Loan in Malaysia?

Selected first-home or government-supported schemes may offer financing of 100% or more, subject to eligibility, scheme limits and participating-bank conditions.

What Is the Maximum Home Loan Tenure in Malaysia?

Many banks offer tenures of up to 35 years, subject to the applicant’s age, income and bank policy.

Is a Full-Flexi Home Loan Better Than a Term Loan?

A full-flexi loan may suit borrowers who regularly make extra payments and want access to those funds. A term loan may be simpler for borrowers making fixed monthly instalments.

Can Self-Employed Malaysians Apply for a Home Loan?

Yes. Self-employed applicants usually need bank statements, tax returns, business registration records and financial documents to show stable income.