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 Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!

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se@n
post Jun 9 2015, 12:16 PM

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Joined: Oct 2008


QUOTE(blackstar88 @ Jun 4 2015, 11:13 AM)
hi, i am first time planning to buy a property.
currently on dilemma about which bank to get a loan from.

regarding BR rate, lets say it is 4.5 (BR+0.5%), what actually do i need to look for if want to compare the banks? the overall 4.5 or the 0.5?

also, some agents approach me telling me that i am able to get interest rate of 4.45% but when i online and check the rates of the bank, it is not the same. Should i beware of this?
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Always remember that BR will fluctuate and the + 0.5% is fixed in your letter offer for the rest of the loan tenure smile.gif

 

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