dear,

is it good time to buy property now and wat is loan rate pls advise.

Full address
Build up
Renovations
Current loan amount

You can start paying earlier but do check if the bank allows you to make prepayments during progressive interest period

What is your inheritance amount ?

Do you work in a normal job as well ?

What’s ur loan amount.

Good time to buy because interest rates are low so you can easily secure a loan

Hi, anyone here has UOB loan? The base rate till now has not changed ever since BNM reduced the OPR?

Any idea why or they don't plan to reduce the BR?

Asked my banker and he is as useless as usual.

Called the contact centre and no help at all.

This post has been edited by adrianteo: May 13 2020, 01:29 PM

which bank did u get your loan approved?

This post has been edited by donhay: May 13 2020, 02:03 PM

Banks will definitely reduce OPR to aligns with the announcement question mark is when? AmBank has yet to announce theirs too

UOB is usually slow in updating the rates. You can follow their website for any updates.

for new property, plan to take loan up to 850k over 30-35years, might add on MRTA or others... any idea the best rate now and which bank? how to make the rates even lower, preferred customer?

http://br.my/uob/index.htm

keep track here, UOB always slow when reduce rate, but very fast when raise rate

3.2 to 3.1 if preferred

if normal customer??

hi, can i know if the Islamic loan in the image above will allows me to deduct the interest if I'm paying extra for my monthly repayment? Knowing that this is the semi-flexi loan and it will incur rm25 transaction fee if i proceed with redrawing the money.

Why am I not allow increase the monthly payment from browser M2U.

You can, just make the prepayment to the loan account.

The monthly installment is based on your original loan amount, tenure and interest rate. It can't be altered unless you refinance or restructure the loan.

Are banks still giving out loans?

I have a condo with 30% it's market value left on my home loan with CIMB. Before MCO, I applied to top-up my loan another 30% with CIMB so I can purchase another property (for a total loan amount of 60% the market value of my current condo).

Filled the forms and submitted the required documents. Then MCO happened. And everything just stopped.

I made a report after a couple of weeks of no news and "MCO excuses" by the bank officer (even though their branch remained open). I've even received two apology letters from CIMB for my unresolved report.

Could it be banks (or CIMB) are no longer giving out loans in this uncertain time?

banks are still giving out loan.

Probably just the officer that you're dealing with. Unfortunately top up loans you have to deal with your branch.

Can't assist you on that.

Was told delay due to officers on rotation not to mention the layer of approvals requirement internal for CIMB

nice rate...but im happy to see forumer here can get rate as low as 3.1

better call them and ask?

The norm is reducing installment in tandem with interest rate reduction but no harm to maintain the same installment if you can afford it as eventually will reduce the principal. Best to also check with your banker/branch to confirm

Any good refinace package or top up loan in market now?

Is it worthwhile to do refinancing now? The interest rate environment is so low now. Is it possible to lock in the low rates with Islamic loans?