http://www.rhb.com.my/loans/home-loans/hl_flexi_main.html

Just ask for offer letter, it should stated what being offered by the bank. If not agreed just dont sign and walk away lo.

Hello guys, I have been asking around and googling about this matter but just couldn't get some solid answers. I have recently applied my house loan and RHB just gotten back to me that they are now offering full flexi for the MY1 Flexi Home loan,  here are my doubts:

- I understand that RHB only offers semi flexi all these while, and the banker claimed that this full flexi package was only available last month. It wasn't stated in their website, how true is this?

- the package includes no lock in period, no maintenance and admin fee needed for every month, no charges for any withdrawal, no notice needed for any withdrawal too. Sounds too gooding to be true.

What do you all think, gurus. Thanks for helping a very confused soul, I am first home buyer. 

As far as I know, RHB offers semi-flexi type, not the full-flexi feature as I've had 2 housing loan with them (due to decent rates).

They did however managed to waive my RM50 per withdrawal fees on my 2nd loan.

My package in summary was:
- BLR-2.50
- No MRTA/MLTA committed
- No credit card
- No lock in (project)
- DIBS
- Semi Flexi
- Conventional

I've also learned that you should be cautious if they are not from the anchor bank itself like those mortgage consultants or wherever they claim to be. Then again bankers also tend to mislead to close sales and bad mouth other banks, therefore it is up to you to decide who are the honest ones out there.

Thanks guys for your sifu advice!  

Notice that there is this term in the RHB offer, hope that you sifus can help to shed some light on this...

Provided that all payment deal on the banking facility (whether principle and / or interest ) shall have been paid up to date, you are at liberty at any time without prior notice to prepay the outstanding amount of the banking facility in whole or in part subject to the following condition.

1) for partial prepayment of the housing / term loan, no prepayment fee will be chargeable provided that each partial prepayment shall be multiples of RM1,000 or such amount as the bank may at its discretion except.
- Does this mean if If I don't pay a multiple of RM1,000, I will be charged a prepayment fee by trying to pay extra to lower the principle? Also, if I don't pay that multiple, any additional will be counted as advance payment?
2). In the case where the bank has given an undertaking to release the banking facility to the developer, contractor or any person concern with the construction of the property and pending the release of the same in full, prepayment of the whole outstanding amount of the banking facilities is allowed only upon the condition that you obtain and furnish the bank a letter of confirmation from such party discharging the bank from all obligations under the said undertaking. -
So confucious, what is this?

Thanks!  xoxoxoxoxoxoxoxoxoxo

but you have to maintain for the full flexi acc like arrest fee for rm10 every month and some bank even charged for cheuque books which comes with full flexi current acc. Some bank even charge the annual fee for the debit card (RM20) or normal ATM (RM8) issued or to maintain the full flexi current acc as well. A lot hidden charges. Have to be extra careful.

Link on what is OPR  http://en.wikipedia.org/wiki/Overnight_policy_rate

Current OPR is 3.25%

Current BLR = 6.85%

Spread = 3.60%

Say if OPR goes up to 4.0% but other Banks do not increase the BLR, so the spread is now reduced to 2.85%

So, your rate WILL NOT be BLR of 6.85% less 2.40%, but rather OPR of 4.0% + 3.50% less 2.40%

Yes you are right for withdrawal need to transfer from loan into current account in RHB. Its a quirk of the package I suppose but so far RHB is the cheapest. Not sure of any strings attached though coz other banks seem to have problems to match the RHB package I mentioned above.

i'm using the same lawyer for SPA and loan. will ask for discount.

i'm torn in between RHB and Maybank now.
RHB, full flexi, higher MRTA, additional RM38 every month that will total up to RM15K in 35 years.
Maybank, semi flexi, lower MRTA. i save RM15K in 35 years.

RHB got full flexi? since when?