Hi, I'm looking forward to buy a subsale property priced around 350k. I'm a first home buyer. Any mortgage banker here can help?

1) I need to find out the bank value of the property. So that I know how much I can borrow or do I need pay more than 10% for down pay,emt

2) how can I utilise the first home buyer scheme.

Thank you.

For 1st home buyer scheme, you need fulfil the conditions stated here >> http://www.srp.com.my/en/

The interest rate for SRP is slightly higher compare to normal loan...
I have check with several bank..interest rate as below:
AMBank- 4.45%
PBE- 4.65%
HLB- 4.75
MBB- 5%
CIMB- 4.45%(For loan above 400k)

My advice is go for 35 years. You can make extra instalment payment every month and lump sum payment every year to save the interest.
Let's say instalment amount is 2k for 35 years and 2.2k for 30 years, if you get your loan at max tenure 35 years and you pay 2.2k every month, the interest paid will still be more or less like 30 years.

The reason of getting 35 years financing is to lower your monthly commitment so that when you have to get financing for future purchase, you will have more room.

If you wanna save more interest, maybe can opt for full flexi loan.
Yes, afaik, HSBC & BSN are offering ZMC loan.

for HSBC, 3 years lock-in period, interest rate for a case that i came across, loan amount 4xxk, the interest rate is 4.75%.

Thank you. But just realise that different bank has 1 or 2 extra criteria that is not stated here. correct me if i'm wrong.

What is the extra condition required?

Hi,

Are there graduated payment home loans still offered by banks? Thank you.

Hi June,

Graduated payment do you means the monthly instalment is lower at the first 5 years? therafter it goes back to normal?

Regards

Thanks for sharing. Recently applied PB, only offers me 85%. It is very hard to get 90% nowadays?

Anyone can advise, i plan to buy a house for rm950k.
Monthly income is sgd5,400, having a wife and three kids.
No property loan and no car loan as well. No CC as well.
May i know what is required for the loan application?
Working in Singapore now and plan to buy in Johore.
Any opinion whether loan will be approved?

Anyone can advise, i plan to buy a house for rm950k.
Monthly income is sgd5,400, having a wife and three kids.
No property loan and no car loan as well. No CC as well.
May i know what is required for the loan application?
Working in Singapore now and plan to buy in Johore.
Any opinion whether loan will be approved?

Anyone can advise, i plan to buy a house for rm950k.
Monthly income is sgd5,400, having a wife and three kids.
No property loan and no car loan as well. No CC as well.
May i know what is required for the loan application?
Working in Singapore now and plan to buy in Johore.
Any opinion whether loan will be approved?

Anyone can advise, i plan to buy a house for rm950k.
Monthly income is sgd5,400, having a wife and three kids.
No property loan and no car loan as well. No CC as well.
May i know what is required for the loan application?
Working in Singapore now and plan to buy in Johore.
Any opinion whether loan will be approved?

any direct banker here?
want to ask if
salary : rm3k
car loan : rm1012 (commitment)
house to buy : rm300k

how much i can borrow?

Anyone got any ppl
Can do payslip w company employment verification w cheque payment?
me = own use
Pm me
Tq
Loan amount 100k
Housing loan
I m.freelancer online. No payslip

Hi,
For your scenario, form B is needed in order to apply any credit facility.
Even some of banks needed freelancer to have ssm registration.

Thanks