my personal experience when refinancing with Alliance Bank wasnt good. however they offered a better rate compared to a few bank. i hope this helps

I'm a Business Advisory Officer on BLR management. I can help you to reduce your mortgage loan interest and shorten your tenure, no need to refinance. For more information, please call 010-5443933 (Chester). TQ.

wow, no need refinance but can save interest and reduce loan tenure, so great. how come never heard of this service before? mind to share?

Any restriction for re-financing? For example, if i bought a house at RM100K, and finance it with XXX bank with a no lock-in period package, then after 3months, the price sky rocketed, and i want to re-finance it with YYY bank at current market value, is this possible? Can I still get the 90% MOF during re-financing? hehe....like that i can get some cash out mah...

usually NO-LOCKIN package allow you to sell-off the property w/o any restriction. if you wish to refinance with this type of package, usually the bank will also charge you early exit fee. this package suitable for investor only.

in OCBC, normal refinance with cash out only allows upto 80%. pure refinance allows upto 90%. some other bank allows upto 85%-90% for cash-out and non cash-out refinance.

sure alliance bank is lower rate than other bank ?
what the benefit?

well, this was for my case at that point of time. It may differ from case to case, not necessary Alliance always the lowest.

what benefit do you expect ?

The company that I work for was incorporated in March 2008, what we do is BLR management. It still consider is a new service in the market but in the US, UK and Australia already started more than 10 years. We will provide advise to you how to save your interest and shorten your loan tenure. First, we will reviewed your loan, then do some calculation see how much you can save.

how about RHB Bank?? thinking to ask them to reduce the interest rate and change the package...

So your job is nego with bank to revise our loan interest? or just ask ppl to top up for installment every month? What's does BLR management mean?
Can tell more detail about your service plz. Thanks

my loan in HSBC still under bonding period, 3rd year. loan amount only RM100k. like my case, can save meh?

Just share my experience here.I am just a consumer & my experience as below on both new financing & refinancing
CIMB-Not best rate,but very flexible n willing to accommodate
HLB-Offer letter very fast,after that down the hill.Using unprofessional lawyer that needs upfront deposit but takes more than 6mths for disbursement.Till now,still waiting!FYI:Nothing wrong with my account & this is puzzling me..opportunity cost lost!

Folks, I'm interested in refinancing my house, currently with maybank (rm240K)

Any sales/officers here, please contact me via PM.

Thanks.

This post has been edited by VeeJay: Nov 22 2009, 07:35 PM