my UOB package offer:-
UOB - 90%
BLR - 2.3%
Repayment Period - 35yrs / 1391 month
MRTA whole tenure - eligible to finance sum insured 40k , balance sum insured 250k have to pay. They said nowaday must insured for whole loan tenure
Kelly informed me OCBC is not able to tight up with them..
Kindly advise..
Added on November 30, 2012, 12:47 pmQUOTE(peri peri @ Nov 12 2012, 02:15 PM)
Bro, if u think u r 100% sure this unit u will keep for ur own use until 40 years, u are advise to take the MRTA because it still cheap.
But if u meant it for investment maybe 6 years later, better source shorter MRTA tenure.
I dont think u get my point posted before. I had mentioned the same to Jootat before.
For my previous case with UOB.
UOB can offers tenure up to 70 years old or 40 years tenure.
my loan applied is rm270k.
If no MRTA or MLTA included, UOB only can offers max -2.3%
If got MRTA included, i can get offer max at -2.4%
But im not required to take full tenure MRTA. The minimum MRTA requires by UOB for eligible of -2.4% was 5 years only.
Means MRTA 5 years for 270k loan is only rm1k. They got it cheap maybe the mortgage officer was helpful and kind with me when sourcing for MRTA quotation.
True story.
BTW, with the 0.1% different between -2.3% and -2.4%, the MRTA is actually free top up for me due to the loan interest different. Why not?
Bro, my offer now is 90% - 2.3BLR, but Kelly seem force me to take 40 years 290k MRTA and now appeal for me 20 years 290k MRTA. Who should i deal with to get -2.4 BLR and minimum MRTA tenure?
Added on November 30, 2012, 1:30 pmanybody know where is the UOB branch Ms. K submitted? i would call them up and deal directly.
This post has been edited by wlchong79: Nov 30 2012, 01:30 PM