Hello experts,
Currently i have one housing loan under OCBC
rate:3.15% (loan amount 270k balance)

I am planning to refinance to cash out money and change to better rate package
Market value: 400-430k
is possible to get loan 90% with new interest rate 2.9 with MRTA or 3.0% without MRTA?

personal details
27 years old, single
3.6k montly salary
supporting document: FD 20k, 30k in share market,RM700 montly rental income
commitment: ptptn 39k, current housing loan 270k

Any good services banker can be introduced ?

Dear all ,

I would like to ask if there is housing loan with  fixed interest (not fluctuate later due to BR) as due to current MCO the BR rate is low..
Thank you.

hi all, this low amount of mrta, insist want lowest then can get already?

or it depends on profile also?

i trying to loan with pbb around the same loan amount but they told me mrta minimum also need around 7k... 

Going to buy a subsale landed property at last. Wondering is the any bank offering free legal fees on loan agreement.

What's the lowest mortgage rate I can get for a subsale landed property? So far the lowest offer I got is 2.80%.

envy seeing interest rates now. i'm paying 2.97 for a loan taken few years back

Guys, let's say if I work in financial industry (insurance or bank), will I get the lower interest rate compared to other people?

Assuming other people have the same salary, age, gender, marital status, working job type etc like mine (except the industry that we worked).

I believed the bank is following this strictly ...

https://www.edgeprop.my/content/1835830/new...cant-possession

Well noted. Thanks.

Question - is it true that Islamic financing does not permit lock-in period? No prepayment penalty?

EPF consider as saving or not ?

i took a conventional full flexi loan of rm500k at 2.9% for 35 years.

monthly installment is rm2000.
i feel its a bit tight, (rm1500 should be fine). 

let say if i can get rm200k, do you think if its a good idea to dump the rm200k into the house loan or to invest in asb?

Hi
May I know any bank allow to borrow more than 70% for the 3rd prop?
Any tnc?

Guys, got question for remortgage, a bank evaluator already said your house is 110k, can u ask for more? Like 160k?or should I go to another bank?

hi, want to ask, which one is better offer?

Bank A
Rm862,099
Rm10,406 (mrtt rm350k coverage for 10years)
Rate 2.85
Semi Flexi

Bank B
Rm862,099
MLTT up to 18years tenure of  insurance (cash back level term)
No default rate
Flexi loan

Bank also give 2.85

Property Value: RM 1,006,000
Loan Amount: RM 750,000

Income Per Month (Me and GF: 31yo and 28yo) - Joint Application
Both are Fixed Income Earner working as Internal Auditor and Account Exec
1) Me - Monthly Gross: RM 5150, Net: RM 4395
2) GF - Monthly Gross: RM 4025, Net: RM 3498
3) Both of us - Combined Bonus Received in latest 12 months - Gross: RM 21k, Net: Approx RM 16k, supported by latest 2 yrs EA form
Existing Commitment
1) Car Loan (GF) : RM 619 monthly
2) Housing Loan (Me): RM 1058 monthly
3) Credit Card Outstanding (Combined) @ 31/10/2021 (as per latest ccris): RM 10,000 * 5% = RM 500
**If able to drag 5 more days until 30/11/2021 balances are updated in ccris, card outstanding will be RM 2,000 * 5% = RM 100**
Just suppose 31/10/2021 ccris reports to be referred by bank, ok to secure 35 yrs loan?

If SPA not stamp by 31.12, I dont think it qualify for HOC, unless the developer is willing to give rebates if not approve.

If the loan officer is experienced, he should be able to explain to the management to have your loan approve ..... borrow from the bank with better chance of approval.

Hello, anyone experienced this scenario before and what is your thought of this ?

Currently we (joints name) apply for housing loan and get to know that one of credit card account has been highlighted special attention account in CCRIS.

We immediately checked with the bank, reason why because this credit card has been cancelled long time ago but it was charged annual fee (RM97) without knowing this after so long.

In short, we have settled it and the bank will send us settlement letter, they have submit to remove the name in special attention account.

1) if this is the case, is settlement letter of supporting document sufficient to proof that we have no outstanding and ok to submit for loan application? Likely reject ?

2) Is this remove name in CCRIS will reflect after a month?

3) This is really innocent just because of this credit card account

Submit now likely reject, if submit next month after name removed but without HOC program ☹️

Meaning HOC can cont to be promoted by developers in Jan 22 ?

if now i still have on going mortgage loan with Bank A, say still have 10k outstanding.. if i buy subsale house can i still get 90% loan? with ~3% interest? let say i have good credit score maybe 800