Hi there!

Based on your details provided you can loan up to 1.8 million

So a loan to purchase 1 mil should be okay

Loan eligibility will varies from different banks depending on your salary

Interest rates will varies from bank to bank also depending on your loan amount.

a. If your loan amount is 400k, the current interest is 4.35%.

b.  If above 500k, you're entitled to the lowest 4.3%.

Things you need to consider when buying a property
1. You need to consider legal fee cost and stamp duty to be paid when you purchase a property. Which is normally about 5% of the purchase price.
a. Determine who to include in Sales and Purchase Agreement and Loan Agreement.

2. You need to consider mortgage insurance when you obtain your loan to secure your property in the event you are no longer around or fallen critically ill. Your mortgage insurance will pay off your loan.  There is  MLTA and MRTA in the market.

- source from iMoney

3. I will need to analyse your personal document and check on your CCRIS and CTOS to make sure that your loan will not encounter any issue such as late payment, special attention account and bad repayment history.

4. Feel free to let me know if you have any further questions.

actually makes no difference now as the banks are quite competitive, some even getting up to 4.25% now.

4.2% is only for the first year @ fixed rate, subsequently it's 4.4%.

This is offered by Hong Leong Bank

Regards to the closest to 4.2% will be 4.25% which some ppl managed to get it.

Dear

it depends on the customer service applicable by that outsource company, they might give cash back or rebate.. or etc

2. Is it a subsales purchase or project property?

Cheers

There is so such things as cash back value. It's how those agent would cut their commission to give it to you back which I do not condone such unprofessional scheme to solicit business.

This is unacceptable in the code of conduct of an insurance agent and will be immediately terminated by the insurance company if found out. It's not okay and we need to say it's not okay otherwise why be called professional when you can't even follow the codes properly.

If robbing someone is okay if someone else is doing it does that mean that it's okay ? Do you have to be competitive by robbing someone else to justify that someone else does it so why can't I rob someone ?

Want to opt for something better ? Then be more professional rather to spit at the name of professionalism with discounts, freebies, etc which does not associate with professionalism.

Bank officers might not be a professional job but if you're seeking for good advise then be prepared to be professional about it rather than taint the title of Professional with discounts and rebates. It just doesn't jive, you don't associate Premium & Cheap when you go to a store. Would you go to a top tier shop and said to the store owner, I want to look for the most premium Ginseng @ RM1 and discount further please ?

i think you react too much because everything is on the basis of " you wish i love"  and nobody force anybody to do it.
And why bank officer might not be a professional job, i think you are too much and also mind your word here.  if you ever receive a free gift from the sales executive by applying a credit card, it makes no different because they bought the gift from their commission.

Sorry I won't bend my back to ppl who think a wrong is right. Clearly you're trying to make things worse by approving such act.

Clearly you didn't read the discussion that we're having, as I mentioned my example is with a direct bank. If your outsource firm would like to provide such gifts and vouchers then it's fine. I won't be stopping your business to do that if you need to be on a "competitive edge".

Calling me to think narrow, can't fathom how other ppl can do a better business than me is being so judgemental and clearly you don't even know me and just dish out negative words just because we haven't been in good terms. You're not in a very good position as well to say that. Anyways I've enough of this discussion and will definitely be the last of it. Thanks

I can help you check whats the quotation but will require the following info

Is it free from encumbrance?
Which bank charged the property?
Under conventional or Islamic Loan?
Bank outstanding as of now
Single chargor or multiple chargor?
Single borrower or multiple borrowers?
Property Location
Freehold/Leasehold
Master/Individual/Strata title?
Any restriction on land such as malay reserved land, bumi land and etc

No of chargor means no of owner for property.