Apply under one malaysia house scheme ( for first time buyers )

i have ocb.c loan, so far so good, but i applied last yr, not sure for 2012 still the same

check with the bank valuation price first when purchase subsale property.

ocbc very aggressive in their mortgage business ah?

Still cannot :-(

Your loan is rejected due to 1 reason.
You do not have a CCRIS record.
Means when you DO NOT have a credit card, banks cannot see your past transactions.
Thus they cannot assess your financial cash flow "authenticity".

Get any banker from mobile sales team.
Depends on how banker write recommendation.

Full flexi or Semi Flexi?

Really depends on how well & how often you use these facilities.

Full Flexi Difference
=============

They give you:
0. Current account
1. ATM card
2. Cheque book
3. Bank statement end of the month (how much you bank in & how much you saved)

For all that,
bank charge you rm10/month

Thus begs this question: Do you use deposit $$$ into flexi account every month?
Some of my clients apply full flexi and paid rm10/month for years, yet they do not use this facility.
Yes, people who use semi-flexi might argue you have to notify bank 7 days in advance and queue to deposit.
And yeah you can avoid all that by paying 120/year.
But again really depends on how you use these facilities.

The reason i seldom get involved in " which bank is better etc" is that, lots of misleading and false infos by sifu wanna bes...as far as i know, for OCBC u need only 3 days notice to withdraw extra prepayments that u had made...and only Rm10 per withdrawal, no limit per month, compared to seven days for HL bank and Public Banks Rm 50 per withrawal and only can do so once per month....information always changes, so its best to go to the banks yourself to find out, instead of believing the claims here...some may be other bankers giving inaccurate info, bestncheck yurself

There is better offer from AIA Mortgage Loan with Fixed Interest Rate of 4.85% throught out the whole period.

There is no lock in period as well for the sale the property or settle early.

Best package in town at the moment.

Need more info kindly do call me 016-3595075(Deyen)

Min Loan:100k

No effect with BLR.

This post has been edited by Deyendra Doshi: Mar 27 2012, 10:05 PM

i want fixed rate for 2%pa.

the down side of fixed rate is it can not get benifit when blr decrease

This post has been edited by realcyma: Mar 27 2012, 10:49 PM

AIA is not a loan that is ideal for investors.

the only USP which is a fixed rate - not too compelling in a low interest rate environment, especially when the FED and EURO Central Bank have pledged low interest rates till 2015.

Coupled with the fact that you can't cash out with AIA with ease, plus they don't have a full flexi product.

i feel ocbc is quite good.
i took both of my house loan from ocbc too.


speedy service and good rate.
the reason i choose ocbc is because they came to collect documents from me and sent me offer letter by hand,
somemore, they follow up my case tightly.

thumb up for OCBC.

2 questions for you.

Zero Moving Cost?

90% Margin of Advance if 3rd Housing Loan?

WHat about loan offer by HSBC ? im currently looking for loan for to buy a sub sales property too . in the dark which bank to choose

Now days the rate from all banks is very similar.
Just pick the package that suit you best:
-minus blr rate
-Full flexi, semi flexi, fixed
-minimum lock in period
-service quality and respond.

But must say OCBC is doing very well in service respond and as well as quality. 3 days to pre-approved my loan. Without paying a single cents, even until i signed the loan offer.
Save me alot of waiting time. That's why I choose them.

I have recently purchased a house in Semenyih for investment and took OCBC Bank due to the following:-


i. Up to 80% commitment based on net income. (Able to obtain 90% loan plus good BLR - 2.4% rate)

ii. Offered innovative loan called "Renovation Loan" with BLR +0% on top of my approved housing loan facilities. The best part is that the Renovation Loan is able to "skip" my existing high commitment shown in CCRIS.

iii. Provided example of payment, and the expected full amount of housing loan need to be paid (principal + interest) through separate letter (more clarity & transparency).

Thumbs up to OCBC Bank

Is Maybank MaxiHome Loan daily rest?

Hi,
For those subsale owners, mind to share with me your ocbc panel lawyer contacts.

This post has been edited by SilkyLene: May 8 2012, 12:49 AM

Up to 80% commitment? Really?

how much is your loan amount ?

when i ask ocbc, if loan amount less than xxx, it is blr - 2.2

This post has been edited by jalsrix: May 8 2012, 01:51 AM