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Property News

MHub collaborates with RHB Bank to streamline property loan submissions

KUALA LUMPUR (Oct 18): MHub is collaborating with RHB Bank in “a transformative partnership that aims to revolutionise the property buying and selling experience”.
According to a media release by property technology company, the integration allows buyers utilising MHub’s platform to complete their RHB loan submissions digitally.   
This effort will streamline the loan application process, offering benefits to property buyers by expediting loan approvals and to property developers by accelerating property sales.
“The collaboration between MHub and RHB Bank signifies a significant step towards enhancing the efficiency and convenience of the property transaction process. It caters to the evolving needs of property buyers, who seek quicker and more seamless access to mortgage solutions,” stated MHub.
“Working closely with RHB is part of MHub’s long-term strategy of changing the way properties are bought and sold. We are constantly looking at ways to make the sales process easier and faster for buyers, and this includes improving the way mortgages are selected and processed,” said Victor Chua, MHub’s chief business officer.
“We average around 10,000 loans on MHub Loan Tracker per year. With this initiative we are confident that more developers will push their sales teams and agents to use digital tools like ours to send cases to banks” Chua added.
Future phases of integration will offer a comprehensive solution by providing property buyers who submit loans to RHB with instant approval capabilities. It will also furnish real-time updates on the status of loan applications, offering anunprecedented level of transparency and efficiency in the property loan approval process.
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Source: EdgeProp.my

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