Maybe one of the bank tag is as commercial prop because it's sitting on commercial land. And base on the tag bank thought you're having one commercial prop instead of residential prop

Nop, there have a code id code 10 normally is housing loan. And commercial is different code, and base on the bank he borrow help him update what code for service apartment.

Sorry to confuse you ya.. It's HL and OTL. But some service apartment some bank will tag as OTL instead of HL. So when dsr is over bank might require customer to show letter offer to prove that the prop is not belong to commercial and recalculate base on residential tenure.

But CIMB rate is very high 😰 maybe you can try for rhb as well they don't charge cancellation fees.

true, one of my case approve this week, loan amount 203k approve rate 4.36 islamic loan with cash rebate some more.

Confirm drop. HLB tmr new BR is 3.84%

This post has been edited by ims2628: Jul 9 2015, 09:33 PM

Each bank have different way of calculation for full flexi, for eg public bank they doesn't take the full amount of 50k minus the interest, in fact they only took half of it for principal interest reduction.

I heard there's two more bank will change their br this month, can't confirm yet until official black and white is out.

So far there's two bank had lower their BR for month of july

Ambank to 3.8
HLB to 3.84

those who apply loan from these bank, ocbc, ambank and hlb, since their br is drop and interest is base on BR + Spread. so far in the market can goes as low as 4.16 for ambank but all new application loan will base on latest base rate + spread, so if lowest also will be 4.35, depends on loan amount.

yup

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This post has been edited by ims2628: Jul 10 2015, 01:46 PM

We are suppose not allow to disclose as its P&C

So far as I know only HSBC is offering free legal and valuation fees but once you terminate their service they will count as these back from behind, so no point also. What's your main purpose of apply mortgage loan? To get loan for you new purchase house right? Then just back to point 1 compare see which bank able offer lowest rate and best offer, br wasn't a really big concern to be frank, for me the bank able approve your loan, provide better service in term of their offering package with or without mrta, loan margin, can finance legal and valuation fees all these also a concern; if you concern about rate there's always solution for you refinance your prop after lock in period to reduce interest

Yes there's bank provide flexi loan for commercial shop lot

Rate more around the same, it's always depends on client profile grading and appeal to lowest see which bank can offer better rate and of course loan amount also will affect the offering rate.

Depends location for KL need above 1 million, Selangor mostly need above 2 million and foreigner can approve but loan margin very low maybe 50-60%

Yes it's possible for her to get loan but loan margin is max 60%

I assume m is Maybank. In this loan figure I have approve one case just two weeks ago at rate 4.45 without mrta, it's always depends with your profile grading, try ask your banker appeal the rate for you since your situation is with mrta.

Goes for flexi loan, then the extra you pay for you principle account can reduce the interest you owe bank, in long run you can save up quite a lot interest and able do early settlement also

below 1 mil? foreigner can buy?