betul :-) it's optional but depend on your age and risk as well

Just to share my opinion.

The property will belong to your parents if touch wood. Not only for your dependant. Yes, you can buy at anytime.

ya, my uob also allow me to buy mlta with my aia agent.

seems like most people took uob loan...

This post has been edited by kornflake: Jan 5 2010, 02:47 PM

cause out of 5 bank, CIMB already out due to quota finish. OCBC, PBB is quite slow in processing application while SC rate is not good.

correct. agree. yes. that's the fact indeed.

100% agree....... Do you think bank also bear some of the 3 years free interest? That's why those bank not very interested on less interest earn?

nowadays bank proceed loan very slow and slow.. dunno why

I think recession still not over yet, that's why they need more verification. But I'm sure UOB have the most budget compare to other bank. Really fast....

erm....for me, after reading and comparing all the terms and conditions, i find out that there's alot of hidden charges from uob, whereas pbb spell out everything. Not to say that sc loan is no good, if you make payment promptly every month without extra repayment, it doesnt have any impact whether it's monthly rest or daily rest. However, since most of us might make extra repayment, so, it's safer not to choose banks that offer monthly rest.

uob charge alot of extra fees

I know which extra fees you said.... ask your CO, the offer letter is standard one so some of the fees are not applicable. I ask the same question like yours and find out no need to pay for the RM120/yr, RM5, RM70..... if I still remember correctly.... ask again and you will know.

erm...but they quote it there...dangerous....if they ever charge also...u cannot bite them! betul tak? because it's black and white stated there.

The clause stated that if you have current account that tied to the loan only then you will be charged for maintaining that acc. Since this is not full-flexi, we don't need current account.

erm, how bout the charges for paying at the counter and cheque deposit? they still can charge RM5 per transaction? another RM70 annual charge for postage?

RM70 is bank in from oversea... RM5 if not mistaken is cannot over 1 time per month. Cash machine didn't stated so I think can bank in more than 1 time gua.... I ask my CO tomorrow... sign tomorrow... hehe...

HIe, just curious here... many ppl here are talking about taking MRTA.

But, why are you guys taking the MRTA?

any specific purpose or reason?

i got pbb and uob now....but pbb offer blr - 1.9 whereas uob offer blr-1.85, which one i should accept based on pro and cons?

if u plan not to sell the house in 8 years without bearing any penalty then Pbb is the best loan

if not, uob!

uob

if you want to make an extra payment, same like cannot take the money back

because they charge you 50 ringgit per 1000 ringgit withdrawn
and minimum withdrawal is 2000 ringgit

so if you do the extra payment, same like you cannot withdraw it back
withdraw it, they will charge you 5%, not untung at all


theres a killer clause says that if you keep on not paying in patern 2 month time, keep on not paying them
they can increase your interest by 2.25% above BLR which is i thing unlikely unless recession

or on the other way of looking at it is bank will make sure you cannot pay at all at the end, you need to forfeit your house
bank want to lelong your house to take their money back



ocbc i heard they have detailed quotation of all legal fees and discount here and there

This post has been edited by AbangCorp: Jan 5 2010, 10:01 PM

Please check this out coz i heard that making pre-payment (extra payment) and insisting to reduce principal amount is applicable only thru the counter. you have to inform them 1 month in advance and you cannot withdrawl it in the future. Im not sure on this but please check it out, king