any bank would allow loan for a Malaysian working in Singapore but looking to buy property in malaysia?

what is the document needed. have SG income tax documents for many years of working in SG. but no income and house or any commitment in Malaysia.

Hi. I'm not sure if this is the right place to ask. I would like to apply for loan to buy an apartment. Is it possible to do so with my record working with 3 company, each company for 1 year. Meaning I have been working for 3 years. Do bank accept application like this?

yes both of us want to refinance same time.
now just because of join name it makes complication.

looking to buy 2nd house, can i use my epf money for 2nd house, consider  2nd time withdraw asw my 1st house also withdraw money from epf...

acutlaly saw a lelong house and i like the location a lot, but not sure can use the epf money to cover the 10% or not. i check my epf account , i think refer to account 2. i do hv the amount there. so plan to use up the money for this lelong house.

Hi Bankers,

Below is my details:

Gross Income: RM 6100 (Basic salary + Fixed allowance)
Nett Income: RM5100
Age: 35
Car Loan: RM580 (still have another 5 years to pay)
-1st Time Buyer
-Plan to loan 90%

My question:
1. How much home loan can I take on?
2. I am Planing to buy 2nd hand terrace house cost RM560K-RM570K. Am I entitled to get the loan?

Thank you.

That day i ask UOB loan officer regarding their semi flexi package.

They do not allow me to offset the interest during construction period.
May i know which bank  can do that ? (any banks will do ? )

Any affin bank agent here? For semi flexi loan, can I put $$$ to  reduce interest during construction period?

Good Morning! I am purchasing a sub-sale condo in Kepong Sentral and am looking for mortgage loan packages suitable for me.

The property is currently priced at RM280,000.00

Gross take home pay is about RM3000.00

I have also recently applied car loan of RM25,000.00 which has been approved.

hello, I just got my SNP last monday. so I assume I only have 2 weeks to get loan approval?

and agents, I'm looking for islamic home loan

value 112k, financing 90%

Need info on loan packages.

330k single storey house in klang.
nett income 4k government teacher.
Nil car loan. Nil house loan. First house purchase.
Personal loan for study 7k balance.
Require a full flexi loan.
Female age 28.

Looking to refinance my first property, details as below:

Property details: Suria Residence Apartment, Mahkota Cheras, 7th Floor, intermediate unit, 1247sqft, freehold, newly built and just get keys from developer.

Loan details: 40 years Mortgage Loan with UOB since Q4 2012

Requirement: Wanna know how much does the bank value this property and whether can obtain 90% mortgage refinancing package at competitive rates.

Refinance purpose is to cash out the money for reno.

Please pm me. Thanks.

means our house hold income - commitment still can loan up to 800k ~ 900k ?

The car loan will be RM770.00 for 3 years. Do I still qualify?

Loaned 25k

Seek for advice:

Property selling price - rm320k
Monthly salary - rm2500 + rm400 fixed allowance
Commitment - rm125 per month (insurance), no car loan, ptptn 28k
Property location: cyberjaya, beside MMU, condo, freehold
First property, age 24
Currently working in Cyberjaya too

My question:
1/ is there any bank willing to offer me 95% or 100% MOF? if yes, what is the T&C?
2/ best rate able to offer

Thx for your advise

so banks saying about FULL FLEXI so it does not really works in that way where full amount in CA will be offset to outstanding principal amount ?

then whats the purpose of having FULL FLEXI ? If FULLFLEXI have such terms and conditions what about SEMIFLEXI.

My friend even went to HSBC and question about FULLFLEXI whether is it really works like PUBLIC BANK.
According to him, HCBC mortgage officer showed some calculation and confirms their FULLFLEXI has no minimal balance and capping like PUBLIC BANK.

Im not sure how true it is.. we only knows when we start paying it..
Since my friend's case, loan at HSBC is FULLFLEXI property still under development and money is been releasing partially.
So its too early to jump on conclusion, only can able to verify after park some cash in current account and monitor how the interest get calculated.

Must check before and after pump in cash to current account.

Base on my understanding below is the difference of both TRADITIONAL and FULLFLEXI loan mechanism.  Correct me if i missed or wrong about anything.
TRADITIONAL LOAN

LOAN PRINCIPAL - RM 500,000 ,
BLR 6.85% - 2.2% = 4.65% ,
LOAN TENURE - 25 YEARS... Lets say monthly instalment  RM2821.90

[loan principal X 4.65% ] / 12 = INTEREST
[500,000 x 0.0465] / 12 = 1937.50
Monthly installment - Interest = Principal deducted
2821.90 - 1937.50 = 884.40

so each time your montly principal get deducted, your new outstanding principal will be used for following month calculation.
refer to below snapshot , 25 years tenure, loan amount 500k.......... INTEREST PAID RM346,571.10
[attachmentid=4196453]    [attachmentid=4196454]
FULL FLEXI LOAN

LOAN PRINCIPAL - RM 500,000 ,
BLR 6.85% - 2.2% = 4.65% ,
LOAN TENURE - 25 YEARS , you park one time prepayment 100k in same month at CURRENT ACCOUNT

Look at below SNAPSHOT how much get deducted from principal loan amount each month.
1st month is similar to above calculation, where 2821.90(installment) - 1937.50(interest) = 884.40 (principal)

RM 500,000 - 884.40 = RM 499,115.60 (new outstanding loan principal) , park 100k in CA, following month calculation will be...

[(499,115.60 - 100,000) X 0.0465] / 12 = INTEREST
RM 399,115.60 X 0.0465 / 12 = 1546.57
Monthly installment - Interest = Principal deducted
2821.90 - 1546.57 = 1275.327


If FULL FLEXI really works such way then, by just letting that 100k sit in CURRENT ACCOUNT you can save 7 years 9 months tenure, interest saved RM164260.76
[attachmentid=4196455]  [attachmentid=4196457]
If FULLFLEXI really works like this, then look at how much monthly interest can be saved compared to TRADITIONAL LOAN.
Obviously its better than parking that 100,000 in FD.

If FD maximum rate i discovered PUBLIC BANK offer 4.05% per annum. So you park 100k there.
( RM100,000 X 0.0405 ) = RM4050 / 12 months = RM 337.5
FD Monthly you earn 337.5 , FULLFLEXI makes you save more interest each month your outstanding of loan principal reduces.
SO THE QUESTION IS, FULL FLEXI REALLY WORKS LIKE WHAT WE THINK OR, IS THERE ANY HIDDEN MINIMAL BALANCE AND CAPPING ? like PUBLIC BANK

Hi. Can you recommend best 2 banks for fully flexible mortgage. Minimum BLR-2.4%. Condominium value over 1 million in a prime area. Financing 90%. Disposal income over 10K per month.

If Cimb offers semi flexi blr-2.45 and fully flexi blr-2.4, loan amount >600k, do u think other banks can offer better rates?

Would also like to ask if lock in 3 yrs. When does it start counting? I'm buying under construction residential  property.

Thank you.

Hi all. Would like to enquire.

1. Plan to buy subsale property at RM 450000. Deposit planned 10%

Am I eligible?

Am I eligible for the 5% extra margin for other loan cost.

My info:
Net salary:RM 4,300
Car loan: RM 600
Bonus pass 3 years: Average 7 month salary.

2. After getting the property,  plan to get another property joined with father. Father however jz retired.

Info:
Property : RM 550,000
DP:  RM 300,000

Am I eligible?

Thanks  in advance