hi
thank you for your reply. How much can I save in terms of ZMC assuming I take out RM 567K  loan from AIA?

Thank you. I will be contacting you if they accept my offer price

Hi,
I only have 1 outstanding mortgage  ( still owe bank RM 270K  and monthly paying RM 1950). What is my max margin of finance for 2 nd mortgage?

May I ask, so in general a rate with BR is better than BLR?

OCBC BLR just increase to 4.92%

Madgeniusfigo

currently i have 3 property under my own name, all 90% loan.
the DSR is roughly about 70%.
Is it possible if I refinance one of the property and will i get 90% loan?

When I signed my load it was BR 3.8 + 0.6 = 4.4 %

And then Ambank increased their BR to 4% so now its 4 + 0.6 = 4.6%

which I feel is unfair considering their offering new loans as BR 4.0 + 0.4 = 4.4%??!!

Is this how one gets conned these days? Can someone advise? Thanks...

Hi Sifus,

For a 900k property, how much would the bank loan lawyer fee roughly cost?

TIA

I'm planning to construct a house on my own land. Do you know which which bank provide financing for such arrangement and what is the documentations required? So far I've heard that UOB, OCBC & Public Bank provide such "Construction Loan". Hope you guys can help.

Hi,

Some questions:
1. Can confirm if need majlis endorsement for loan application?  I read that some banks don't need local authority endorsement, just a building quotation from contractor will do.
2. Can I still change the contractor / house design after loan approval?
Hi,

1. Residential land in ampang, under MPAJ.

Some questions:
1. Can confirm if need majlis endorsement for loan application?  I read that some banks don't need local authority endorsement, just a building  quotation from contractor will do.
2. Can I still change the contractor / house design after loan approval?

hi all

say if the house loan left 100k, then i pay 80k straight, left 20k, i will greatly reduce interest on that balance right?

so, if I go to BNM tomorrow (11-feb) to print out the CCRIS, CCRIS will show the latest record ending 31-Jan-2016?

I'm thinking about getting a loan for a new house. My salary is 12k before epf n socso deductions. My only commitment now is car loan at 1.2k per month. Is it possible to get a full home loan? Because I don't have any savings. I guess it would be better if I can commit a sum of my salary to paying off mortgage rather than spending alot every month

I don't have money to pay for downpayment because I don't have savings. That's why I'm thinking if it's possible to get a 100% loan on a property no more than 700-800k. At least I can commit some money monthly to pay off mortgage and I'm actually spending money on something which I actually own.

My car loan will be done in 6 years time.

Hi guys. Really need an advise. I sign SNP on 1 November 2010. Lock in period for my loan is 5 years after the first drawdown which is on 1 APril 2011. so if I want to sell my property, the snp with the  new buyer should be dated  1 APril 2016, if i want to escape the lock in period of 5 years. is that the right way of calculate the lock in period.?thanks.

May I know what are the maximum permissible DSR for various banks?

Assuming loan of RM700k, 90%= RM630,000 for 35 years

i have bought a property, sign S&P and  loan secured. since its my 5th unit, my loan is 70%.

i have settle the 30% downpayment. with the economic downturn, and my loss of job is imminent, how can cancel this purchase ?

this is new property under construction. the facility agreement had been signed.
if developer refuse to give in, how ?

If I have to sell off one of the good property to finance this newly built, then I might end up in double jeopardy. I dont have good feeling that this new property will grow in value due to present over supply of condominiums.

I would rather risk losing RM 10k on facility rather than facing 'abandon project' or undervalue for sale. so its discussion with bank more effective ?

Hi,

Typically other than interest rates & locking period, is there any other criteria i should consider when deciding which loan i should take? Is there any bank that is offering good  loan or it is actually more or less the same across the banks?

Hi everyone,

Now my house have just completed 10%, therefore my bank loan have incurred 10% (50k) as well.

I believe now it requires me to pay around rm180++ per month.

Will it save up our interest if let's say I pay 10k into my loan?

Thank you.

LO is letter offer?

So far I never read such clause before, maybe I should give my bank a call... Thanks!