hi guys

got offer on UOB
2.89% flexi
loan amount: 380K

I check online mostly over 3%
The lower interest the better right? anthing else i need to take note when chose loan?

Your loan is approved with 90% + 4% MRTA
Interest rate: 2.89%

Tenure: 33 years

Installment: RM1,641 pm
*MRTA covering RM398,700 for 16 years including 3 years interim period
Premium will be refunded at the end of 16 years provided no claims have been made.

good catch?

this MRTA 4% how does it work.. need to pay annually or is already included in the instalment?

Hi sifus,

Any advise on this rate we got. Thank you.

CIMB
SPA price : 565k
90% loan : RM 508,500
Mlta : RM 14,951
Total loan : RM 536,750

Rate : 3.10%
Tenure : 35 years
Monthly : RM 2096pm

Yeah the other bank haven't gotten back to me. Say they prefer joint applicant

Is the insurance part normal?

200k for 30 years.
Abit unsure about this part. So going to ask the banker again tomorrow.

hmmm banker said this would be best for us.
MLTA. Banker put the amount into the loan otherwise the interest rate would be higher

Loan offer:
Interest: 2.7 + 0.45 = 3.15%
30 years
Loan amount 421k

Monthly salary: 6.2k
Dsr, CTOS, CCRIS: checked with few SA before. All say cantik
Reason: own stay

First time home buyer. At first registered for this project due to the offer and good package. And also thought. Since I'm ok with the location, why not try for it. See how I fare with Mortgage loans. Now the LO is here. Time to make a decision. Let's say after 1 week consideration, I feel there are better options and package around.

1) can I just let the loan offer lapsed? Or reject it? Will it affect my CTOS score?
2) is 3.15% a good rate? What is the baseline that we should be looking at? Sorry for the noob question, first time home buyer. 😅

Thanks for the quick reply. Nope. It's from Affin.

Another question is. Let's say the SA mention the project panel bank is only Affin and MBSB, if I want to try out for other banks. Can I do so? Do I need to get a runner for it? Or can I do it myself just by filling up forms from bank website / branch?

There is also CIMB islamic if I'm not mistaken. But the SA say, it's islamic wo, so he didnt proceed to apply for me. Now thinking back. I should have insisted to apply also. Aduh

Hello,

My friend bought a house in penang cost 600k+. Recently received letter regarding MOT, he called lawyer to check, cost of Rm20,000+, is it normal?

Thanks in advance.

so good can return premium kah?

Hi guys, is MRTA/MLTA compulsory to purchase?

Aftter my MBB loan approved, my PBB's sales called me said try appeal to 2.85%, in the same time I received call from PBB's bank officer said no such thing as 2.85%, PBB lowest offer is 2.90%

HLB's sales also the same, once they knew you going to sign other offer, the sales personnel will counter you better rates, but it just a "verbal promise", i doubt that can be fill up

The one you mentioned is bank of china, PBB should no such thing

Do you compare with other banks eg RHB and SC?

SC islamic loan is 100% fully flexi with no MRTA needed. Interest 2.9%

RHB 2.85% fully flexi no cap but need to buy MRTA

Guys, would like to ask that:

1. After sign LO, can we cancel the offer without penalty?

Upon checking the docs, I found that I would have to pay 2k if didn’t take up the loan at the end.

Is this true?

2. Can we ask for revised if BNM announced lower OPR in the upcoming week?

Hi, I recently applied for a mortgage loan and it was successful. The banker later included fire insurance from another insurance company into the quotation.

May I know is it compulsory to buy this fire insurance? I am currently buying a sub sale landed property.

may i ask?

A applied loan and got approved.
Letter of offer has signed
legal document (SAP and loan) havent signed.

can A request to add B in to the property owner name? while the loan still remain as A only?

or need to cancel the loan and reapply?