Buying a Home
For most of us, homes are probably the single largest investment we will make in our lives. However, increasing property prices, the inability to obtain a mortgage and other financial burdens coupled with the rising cost of living are just some of the problems we face.
FundMyHome aims to help address these problems by bringing first-time homebuyers and property investors together in a mutually-beneficial relationship. Buyers only need to make a one-time payment (20% of property price) to own a home without the burden of monthly repayments.
The rest of the money (80%) would come from contributions by institutional funders.
Find a homeChoose from list of participating homes
Pay only 20%Institutions contribute 80% so Buyers have no repayments.
Move into YOUR home!It’s yours now. Live in it or rent it out. It’s your choice!
In year 5, stay or sellRefinance or sell the home. Contributors get a share of capital gains when you sell.
Take a Peek into the FutureSee what to expect after you have bought your first home
FundMyHome - A Smarter Choice for Home Buyers
With FundMyHome, you pay a minimal amount to own a home for 5 years, which could potentially save you more than paying rent.
No monthly repayments
Did you know that the average Malaysian spends 60% of their household income on loan repayments? FundMyHome offers first-time home buyers easier ownership without a bank loan.
Note to Buyers
FundMyHome is not intended to be a short-term financing platform for homebuyers. We do not recommend it for anyone who does not intend to own the home for at least FIVE years or who wishes to make a quick profit on the home.
Typically, it takes time for properties to appreciate in value. However, if the house price goes down, the Buyer may lose some or all of his capital. As owner of the home, the buyer is also responsible for the maintenance of the home and other relevant costs of ownership (management fees, insurance, quit rent, etc).
Contributing to a Home
Discover a simpler and safer way to grow your property portfolio and get 5% return annually. Best of all? You stand a chance to get back your principal PLUS a share of the upside if the property price goes up in year 5. If the property price falls by not more than 20%, you will still get back your principal
Pick a propertyChoose from a list of properties open for funding
Start contributingContribute 80% of the property price
Get Annual ReturnsEarn a guaranteed yield of 5% annually
Exit in Year 5Get a share of the capital gains when Buyer sells the home
Take a Peek into the FutureSee what you can earn with your investment
Why you should invest with FundMyHome
Hassle Free Investment
Grow your property portfolio without the hassle and fees. Get a fixed 5% return on your investment and a share of the capital gain
You can now spread your investment across many properties. Best of all, even if property value drops, you will still get your 5% yield and your principle is protected up to 20% of the property value
Note to Investors
FundMyHome offers individual investors looking to enter the property market a hassle-free investment option with a minimal investment sum. Investors have no other obligations beyond their initial investment sum.
The buyer is the owner of the home but the funding provided by the investor is secured on the buyer’s property by way of a legal charge/assignment.