I think the seller want to protect his/her interest. Let's say the seller do not hold 10% deposit and after sign s&p, suddenly before the disbursement, the buyer cancel the purchase for example. So the seller already at loss right?

Hi guys,

Currently I'm having a CIMB Flexi loan of about 320k on a residential property. If I dump in 200k onto this flexi loan, may I know how it will affect my repayments? Will I still be paying the same monthly amount and the tenure be shorten or will my repayments be lessen and tenure remains the same? Also, the 200k which I dumped in can easily be withdrawn partially or fully whenever I please right? Thanks in advance!

Thanks for the reply, wouldn't the loan tenure decreases since more money is paid to the principal? Hence, the loan should finish faster.

I understand about the loan part, how about the SPA part?

Thanks!

The next question would be when I signed an SPA with non-family related friends. Does the bank's accept third party loan in that case?

Thanks.

Recently plan to buy another property but got no downpayment. however the seller is selling below market rate.
Can i loan according to market rate and ask the buyer wait for thr bank to pay the 10% plus the all the balance.
Anyone got this experience??

hi there, I am buying my first house and am really confuse about the housing loan that is available out there. My relative recommends me to take full flexi as best way to save interest, but my friends say semi-flexi is better.  If I transfer all my monthly salary (RM 8K)  into the full flexi current account on monthly basis  and then use up about  60% (RM 5K)  by month end, does that still provide any additional interest savings compare to semi flexi where say I pay extra 3K everymonth on top of the regular payments ?  I am being quoted 4.55% full flexi by hong leong but can get 4.4% from cimb for semi-flexi.  My relative also have some extra cash RM 100K which she claim she will help me to  park inside my full flexi current account to save interest. I am interested to take RM 500K loan. 

thanks a lot for reading my query

hi there, thanks for your reply. so you think I should go for full flexi although the interest rates is higher at 4.55% vs semi flexi at 4.4%  for my case?

loan settlement inquries

planning to settle a loan under HL islamic

can we just walk in to the bank and ask them for redemption sum and pay on the spot?

or do we need to give at least 1 month notice?

what will be the correct procedure?

redemption statement can be issued on the spot?
thanks in advance

Hi,

I first time buy prop,

It is a 2 units of commercial prop, shopping mall lot in kelantan, total value ard 900k

Paid 10% deposit, waiting to pay another 20% within next few weeks

Any banker who can meet up in kuala lumpur , pls pm me

Any bros know when will the bank update CCRIS. Is it still on the 15th every month?
Just want to make sure that I got it correct before I submit loan application..

1.Borrower
a.age = 29
b. No. of borrowers = 1
c. no. of housing loan = 0

2. Income (borrower)
a. Gross salary = RM4500
b. OT = Btw RM 100 - 300 due to stricter policy now.
c. Bonus performance (2 years bonus amount) -
2015 RM6.4k
2016 RM11k
4. Debt / commitment (borrower) indiv
a. Personal loan - borrow RM16k (int 20%) on July 2015. 4 years 6 months to go.
b. PTPTN - RM30k

4. Background
a. Occupation - Banking Shared Service Center
b. age - 29
c. currently staying at - rent room at bkt jalil

5. Property - None yet. Want to know what's the price range I should be targeting. Might look to buy this year.

PL - RM450 monthly
PTPTN - RM150monthly

Hi all,

My relative’s loan got rejected few years ago because the developer is blacklisted by the banks… may I know any factors related to the property that might lead to the loan being rejected?

I plan to purchase a property in the next few months, and a bit daunting hearing some negative cases. Hope sifu here can share & shed some advice

I'm sorry if this was asked & answered previously

Thank you for your fast reply, appreciate it.

Are there any ways for us to know whether the developers/properties are blacklisted by banks? any websites or sources to refer to? so that we could minimize the chances of the loan being rejected.

anyone is SC banker ?

1st time buying commercial property here
want to ask whats the average interest rate would be these days for the mortgage loan

hi. first time house buyer.

wanna ask sifus here, for housing loan of RM490, if the MLTA to be included in the loan financing, is RM17k is "ok" pricing? from advice from few friends, RM17k seems to be quite high (based on assumption that is should be around RM3k per RM150k loan).

im age 33, going for 35 yrs loan.

which bank offer the lowest interest rate for refinancing?
How bank compute the cash excess for the loan?

I'm looking to refinance my property