Go ahead. Full loan. Just sign paper only. What else.

No such thing

your agent bullshitting you lol probably try hard to close deal so can earn commission

Noted thanks all, btw i really received few offer from different project and agent claim on subsidy of installment, normally is two years

My mortgage interest from MBB is 4.25% for about 350k loan. Is it good to refinance for better rates? considering all other charges need to fork in.

Depends. Go bank and ask lor. Add up all the costs for all scenarios and see which one costs less in the long run. I dont have the full details of the arrangement so wouldnt know how much it would cost.

Developer rebate, normal.

then this is not from the gov, the rebate is from the developer.

4.25% is not really high to warrant for a refinancing, unless you are looking to cash out.

The cost incurred to refinance will be much higher than the interest saved in the long run.

Hi, im looking to buy my 1st house under RUMAWIP scheme. for now my agent only apply to HLB and MBB.

My question here is, if the agent only apply to these 2 banks, can i apply by myself to other banks? in order to try to get a better rate/offering from other bank, possibly? or for the scheme under RUMAWIP/RSKU etc, you can only apply through agent?

Of course you can, always apply to other banks to get the best offers. But from my experience, HLB and MBB already offer one of the best dy

UOB and OCBC were able to offer me better than MBB (did not apply HLB). The cost of applying to more is a bit of time, the potential benefit of even a 50 basis point change in interest rate is substantial. So definitely apply to more if can.

What rate did you get from UOB and OCBC?

Both offered 3.8%

Good rate

You applied individually to each bank or via broker ?

Hi sifus, received the offer below from OCBC. Good to proceed?

Purchase price : 845,500
Loan amount : 760,500
Margin : 90%
Interest rate : 3.8%
Tenure : 35 yrs

MRTT
sum assured : 760,500
Tenure : 23 yrs
Premium : 19,841

Total loan amount : 780,341
Installment : 3,363

Nego down the insurance amount

Hi guys,

I have 4 credit cards, planning to cut 1 cc once I got the reward credited to my cc account. So, I have 3 cc (active) and 1 (will not using it starting from next month). All cc are pay in full before the statement due date.

My questions are:
1. Will bank reject my home loan application if they see I have 4 cc in my ccris record?

2. I have a balance transfer (BT) plan and a EzCash. I noticed only the balance transfer has a record in my ccris.
May I know does BT and EzCash are included as my commitment section be in the DSR calculation?
If yes, the commitment is taking the monthly amount or the total unpaid balance divide by my monthly net salary?

3. How long does a cancel cc will disappear in my ccris?

Thank you.

No effects. Can apply

Good to go. Standard rate