KLIBOR based mortgage - this is proved to be a failure product in Hong Kong. KLIBOR based products fluctuate too high compare to BLR. The difference btw KLIBOR and BLR based loan is not justifiable considering investor is taking more risk into taking a KLIBOR based products which has more uncertainty.

Islamic mortgage - There is no prepayment allowed. Don't believe me? Ask them to show you the amortization table. Dunno what is amortization? Google is your best friend.

MLR - no comment.

---

Added on September 14, 2009, 10:36 pmKLIBOR based mortgage - this is proved to be a failure product in Hong Kong. KLIBOR based products fluctuate too high compare to BLR. The difference btw KLIBOR and BLR based loan is not justifiable considering investor is taking more risk into taking a KLIBOR based products which has more uncertainty.

Islamic mortgage - There is no prepayment allowed. Don't believe me? Ask them to show you the amortization table. Dunno what is amortization? Google is your best friend.

MLR - no comment.



This post has been edited by novabankinghall: Sep 14 2009, 10:36 PM