the thing is almost all new launches gives rebates to reduce the downpayment and entices new buyers. The banks know of its existant but choose to close one eye as it gives them more loans aka more money to them.

Why would the banks investigate to find out rebates are given?

try get quotation from other bank to get 90%

Is the project already completed or still under construction. If undercon, most banks will just close 1 eye and offer 90%. But if completed, then it's different story

Is 'counter setting' transactions 🤑

Hi, I currently have RHB My1 Full Flexi Home Loan.

It's written "Have the freedom to make unlimited additional repayments and redraws for what matters most in life. Enjoy the flexibility to prepay and redraw excess funds whenever you’d like to enjoy interest savings and shorten your loan tenure."

Anybody knows how to do the prepay and redraw? Do I just park my extra money in the loan account then it's done? Or need to go branch etc

I know for MRTA, the entire premium for the duration is usually priced into the loan. How does it work for MLTA? Same?

Best you talk to your RHB loan officer to explain
If it’s undercon property, you cannot draw excess funds until the loan is fully drawn down.

Sometimes
Some genius buyer disclose to the bank they are getting 10% discount, then the bank will slash margin. PBB is one who will do it.

The bank will pay the premium on due date yearly and debit the account as outstanding 'loan'. If the premium is not settled, normal interest will be charged.

Hi, will you still be able to secure loan in future if diagnosed with early stage cancer?

I don't think it's an issue to get a loan, but you'll need the MRTA MLTA to be approved which may be an issue.

I am getting a SAMM unit 270k and I am contemplating between going for 100% or 90% housing loan

I am first time buyer btw, is there something like 'seize the opportunity' to max out loan or something?

I havent apply for loan yet, just wanna get the direction of which i should go/aim for

thanks

This post has been edited by xPrototype: Oct 9 2025, 10:43 AM

100%. save 30k for reno

look out for the higher interest rate for 100% loan.

depending on your scenario, if you do not need to additional 10%, don't take 100% loan.

delete.

This post has been edited by fluotone: Oct 10 2025, 01:10 AM

How u guys contact banker for loqn?

Anyone can share sales agent contact for loans?

guys if take shorter tenure 25 vs 35 years, bank will give lower or higher rate? it is flexi anyway

I wonder whether any higher bank officer can directly approved housing loan RM1.5m (second property)
Salary totally not match at all and currently joint name and have a housing loan instalment of RM4100 per month.
Quite like to design of another property but the problem is, cannot swap like that. Lolx..
If need proper salary, then how much do I need to match it? I can ask some company to provide me salary and kwsp for few months

This post has been edited by jorrne00: Oct 20 2025, 10:55 PM

Generally you can get the best rate at 90% financing and 35 years tenure already. I believe the best rate now is 3.55% or 3.60%. Some banks may give you 0.05% lower for lower financing rate or shorter tenure, that's about it.

Logically if you go for shorter tenure or lower financing rate, there is lesser risk for the bank. And as such should have a lower interest rate.

But while that is true in developed countries like USA, Malaysia doesn't have much dynamic pricing like that.

This post has been edited by contestchris: Oct 23 2025, 09:30 PM

Hi.. for anyone who has taken Bank Islam housing loan..

(1) Can explain to me whether during construction, can we reduce the 'principal' or 'profit (interest)' by making extra payment?

(2) Also, can reduce the principal / profit if make extra payment after full disbursement of the loan?

The sales person said can but getting conflicting information online.

(3) Also, if settle early - is the rebate resulting in amount paid similar/equivalent to conventional loan (assuming no lock in for both)

Hi,

I signed PBB home loan early this year. It is called Home Plan 10. The bank manager and mortgage agent said extra payment to the home loan account will auto deduct the principle without going to the bank branch or call to request to deduct principle from extra payment.

I am still serving progressive interest now so unable to test it.

When I look at comments from property agent, the comments mentioned that they need to go to PBB branch to inform the extra payment to deduct principal, otherwise it is an advance payment that will not deduct principle.

May I know who has the same home loan with me, does the extra payment will auto deduct principle?

This post has been edited by rocketm: Oct 24 2025, 11:52 PM

For RM220k housing loan for 20 years tenure, what is the best rate now?