ok no problem.
do contact me if you need help in loan application.
0168681373 =)

OCBC

yes I am, How may I serve you ? =)

any zero-entry cost package for refinancing?

oh OCBC, i have approached them once for BUSINESS PREMISES LOAN.
BLR rate is very high.. just -1.0 so i dropped my plan to proceed further.

any banker can help me get a valuation for address below :

342, Jln Bukit Citra 4/5, Tmn Bukit Citra, 71700 Mantin, N.S.D.K
double storey terrace , 22'X 100" .

how much can go for loan ?

of cos you don't get business loan from ocbc, go for alliance. I fully recommend you that

Yes bro i have approached ALLIANCE BANK.
Agent Said they have full flexi up to blr -2.2 and daily rest.
Then i have asked if any hidden capping or minimal balance.
The mortgage officer kept saying no such thing, i insist them disclose evidence to prove that theirs dont have capping and minimal balance for current account.
I even showed them PUBLIC BANK clause, to make them understand what am i really talking about.
The reason i did that, because 6 months ago i have approached ALLIANCE BANK mortage officer from different branch where i received different input.
After 6 months now i am approaching KL MAIN ALLIANCE BANK BRANCH, again different feedback.
Seriously i dont understand how could that be 2 different version of stories from same bank mortage officers but different branch.

So i am still waiting for them to process the application and come out with answer.

This post has been edited by GHOSTVIC: Nov 15 2014, 02:32 PM

As i know Alliance bank's full flexi got no capping for current account ,regarding minimal balance i think when open current account u need put minimal rm210 for bank deduct ur processing fees rm200 and monthly maintenance fees rm 10.

Hi All, wanna ask after i signed the loan agreement and all things settle, then later on I have extra money, can I make payment to the house principle value? So that my loan amount will get lower for coming month?

yes you can. just call your respective bank and ask whats the procedure. some banks require you to go to the branch.

Do Pm me if you need further clarification.

Hi all,

Any body knows which bank offer for vacant land loan??

Plan to buy a bunglow lot..

Yes.. still available.. up and running

Hi, need some suggestion from the expert.
Currently me n my wife having nett salary about 4.6k and our commitment is 1110 on two cars. We would like to take loan of house which is 90% of 560k. Our dsr is around 75.4%. Which bank can tolerate this dsr?
Thanks for the 2 cents

Hi,

Can you share with me each of your GROSS salary and the original loan amount of each car? Is there any other loans and income?

From my side, both CIMB and OCBC are able to finance vacant bangalow lot.

For OCBC, it is recommended to finance the lot along with the construction of the property as well so the bank will consider the property as a completed house and not as a vacant land. By doing so you will get a financing of 90% (for both land purchase and construction costs), BLR - 2.35% interest rates, as well as a tenure of 35 years.

Typically and with most banks, if you choose to ONLY finance the land purchase (no financing of the construction costs) then the tenure will be shorter, the interest rate will be higher, and the margin of advance will be lower.

If you consider zero-cost entry package as financing the cost of loan legal fees (loan agreement), stamp duty, as well as valuation into the loan (90% + xx%), then yes, such packages are available.

Thank you wcm,

But do you the interest rate, mof & tenure for both banks if I apply tp purchase the land only..?

With limited power of spending/borrowing, I plan to secure the land first..

Thank in advance.

If you are going to purchase the land only without any plans to construct a house ANYTIME SOON, then CIMB would be your best choice in terms of:

1. Interest rates
2. Margin of financing
3. Tenure

If it is a land purchasing PLUS construction, OCBC would give you a better rate, however you would need to get all the plans and approvals during the application

You can give me a ring and we can discuss this further on the phone, otherwise just post the questions away and ill be happy to entertain you for everyone's benefits.

Bro Wrong info
is 80% for OCBC land and building.

I just got off my handler and was quoted 90% for both land and building. It was OCBC AlAmin though, but this is okay, I will ask my handler again for confirmation.

This post has been edited by wild_card_my: Nov 18 2014, 09:23 PM