hi ,

I'm thinking to refinance my current property , the current bank ( UOB ) only offer me BLR- 1% and with conversion of 1k .

Please email me at guanleng@gmail.com if got offer .

My property is at Puchong near IOI mall .

Thanks !

www.fiscal-wise.com.my/ is quite outdated. It's better that you ask a banker for the rate as fiscal only shows old board rate while we on the other hand can offer better rate.

Try this site's housing loan comparative tables.

http://www.bankinginfo.com.my/04_help_and_...tPrefLangID=1&#

I planning to refinance my property..
I look for cimb, alliances, public bank morgage sales person contact.
Please PM me

---

Added on August 5, 2008, 11:07 amDear mortgage loan consultant,

I currently survey n planning for refinancing..

House details:
House Price = 164000k
Home Loan Amt Require = 140k++
Status = Completed,
Loan Tenure = 30 years
Feature = ZMC, Flexi
lock in period=5 yr


Enquiry Details:
Bank:?
Rate:?
Penalty:?
contactNo:?

I wish to get PM about the offer ... Thanks

This post has been edited by altang: Aug 5 2008, 11:09 AM

Hmm, I just got a BLR-2.05% for 30yrs offer from CIMB, dunno if that helps any of you reading this thread.

Is it Zero Entry or Non Zero?
What is your loan amount?

Dear All,

I am new here. I learn a lot browsing thru the forum.
I have a case and need some creative ideas. I am getting married and
trying to buy over my future wife's condo which the loan service by the
father.

He bought it at 280k and selling for 300k. Outstanding loan (served 3 years) with bank to date is around 200k+ .I myself have 100k. What would be the method so I could spend the least in order to settle this purchase? (as I would love to save some cash for later investment)

Looking forward to your reply. Thank you.

what do you mean loan service by the father? is he a mortgage banker?

Anyway,in your case here,i think the best package suit for you would be a flexi loan.
As you have RM100k in hand now,you may use it to help yourself to save Rm100k of interest.
With flexi loan,you can use the Rm100k anytime when it's nessesary or when you have a good chance for investment.
You can apply for a RM300k flexi loan,then put your RM100k to the same bank.
So the bank will only count interest base on Rm200k,but your installment will base on Rm300k.
And your Rm100k will be available for you anytime to use it.

Or

You may also use the RM100k as down payment, so that you just need to get RM200k loan,
Then your loan interest will be count with Rm200k also,but your installment will lower as it count on Rm200k.
But if you do so,you will lost your RM100k cash liquidity.


If you need more detail calculation,feel free to pm or contact me.
If you need help to apply the loan, i can provide service from all major bank in Malaysia too,
I will be glad to help

017-6100337
Onn

Since u have alot of cash on hand, by choosing Flexi loan will be able to help u save on the interest. You have the option to choose between Zero Entry Cost (bank absorb legal fees) and non zero packages with the latter have a better rates.

If this is your first house, you might want to take out your money from EPF Account 2 as well.

how about http://www.money3.com.my/ for house loan info?
hope this helps

could you elaborate more on installment base on 200k and 300k?
for personal stay, is it better to finance 90% or less?

---

Added on October 1, 2008, 10:27 am


It seems like Maybank has the lowest rate loan right now.
How to apply for EPF account 2?

This post has been edited by hoeynala: Oct 1 2008, 10:27 AM

It would be much helpful if you publish the rate here instead of asking one to contact you.
At least it the first point for them to compare.
That's also the purpose for this thread.

Dear all: Next advertising post would be deleted.

btw, if only this thread gets more informative than I'll consider pinning it up.
So guys, pls post constructively.

This post has been edited by b00n: Nov 4 2008, 12:39 AM

Help available at your fingertips here... For you to compare and get loan packages information offered by all the banks in Malaysia.

www.money3.com.my

Currently the best offer i think is from Alliance

There are always 2 side for a coin
Lowest rate does not means the best package.

Best package in term of?

i don understand refinance?can i get loan from refinance??

let say
house price 200k ++ already 2 years.. , can refinance borrow me 100k+ so the total loan would be 300k++ ? is it like htis?

No.

Scenario A:
No loan. So refinance here meant that the house is placed as a collateral to the bank for a loan up to a certain value of the property.

Scenario B:
Outstanding loan is RM200k.
Property value is RM220k.
So refinance here meant that you borrow from another bank at the property value of RM220k. So if the bank lends you RM220k (which a lot of time wouldn't be the case), RM200k would go to settle your previous loan and you'll have excess RM20k.

Ppl usually refinance because of interest rate savings and also in case they need extra cash.

This post has been edited by b00n: Nov 5 2008, 11:41 PM

It is like you are buying a car. Do you only look at it's horsepower? and nothing else?
Housing loan is not only about the rates.
What kind of package (daily rest? monthly rest? conventional? Islamic? Flexi? Full flexi? Wannabe flexi?), what are the monthly charges/hidden charges, setup fee/processing fee, how much processing fee for withdrawal of excess payment, how are extra payment towards principal made (do i just dump all money into the cash machine and it will automatically do the maths for me?), what are the terms and condition, exactly how convenient is it for me to pay the monthly installment, how easy is it for me to get hold the customer service when i need help, how fast the bank disburse the money to developer or vendor so that i wont get charged interests, blablabla ....

What eDogawa said is absolutely right.
I'll give some example here...

Mr. X wanna buy a house worth RM500k.
He have RM250k cash.
He want to take a loan of 90% margin.
Preferable flexibility.

Package A from Bank A
BLR -2.3% WHOLE TENURE ZEC
T&C:
1. allow pre-payment not exceed 50% of loan amount or else will be
charge 1.5% on the amount exceeded.
2. 3 days notice to make withdrawal. RMxxx will be charge per transaction.

Package A from Bank B
BLR -2.0% WHOLE TENURE ZEC
T&C:
1. Flexibility to dump-in money. Zerorise housing loan within bonding period without any penalty fee AS LONG AS the subject property are not refinance / discharge from the bank.
2. cheque book and ATM card provided to ease withdrawal. only RMxx will be charge annually to maintain current account.

Between the above 2 package of housing loan offer by 2 different banks, which package do you think Mr. X will take up??