hi there, I am buying my first house and am really confuse about the housing loan that is available out there. My relative recommends me to take full flexi as best way to save interest, but my friends say semi-flexi is better.  If I transfer all my monthly salary (RM 8K)  into the full flexi current account on monthly basis  and then use up about  60% (RM 5K)  by month end, does that still provide any additional interest savings compare to semi flexi where say I pay extra 3K everymonth on top of the regular payments ?  I am being quoted 4.55% full flexi by hong leong but can get 4.4% from cimb for semi-flexi.  My relative also have some extra cash RM 100K which she claim she will help me to  park inside my full flexi current account to save interest. I am interested to take RM 500K loan. 

thanks a lot for reading my query

Hi,

I first time buy prop,

It is a 2 units of commercial prop, shopping mall lot in kelantan, total value ard 900k

Paid 10% deposit, waiting to pay another 20% within next few weeks

Any banker who can meet up in kuala lumpur , pls pm me

Any bros know when will the bank update CCRIS. Is it still on the 15th every month?
Just want to make sure that I got it correct before I submit loan application..

Any bros know when will the bank update CCRIS. Is it still on the 15th every month?
Just want to make sure that I got it correct before I submit loan application..

1.Borrower
a.age = 29
b. No. of borrowers = 1
c. no. of housing loan = 0

2. Income (borrower)
a. Gross salary = RM4500
b. OT = Btw RM 100 - 300 due to stricter policy now.
c. Bonus performance (2 years bonus amount) -
2015 RM6.4k
2016 RM11k
4. Debt / commitment (borrower) indiv
a. Personal loan - borrow RM16k (int 20%) on July 2015. 4 years 6 months to go.
b. PTPTN - RM30k

4. Background
a. Occupation - Banking Shared Service Center
b. age - 29
c. currently staying at - rent room at bkt jalil

5. Property - None yet. Want to know what's the price range I should be targeting. Might look to buy this year.

What's monthly for your Personal Loan and PTPTN ?

PL - RM450 monthly
PTPTN - RM150monthly

Dear,

1. Yes you could do so, the 10% will disburse to client after full disbursement. so he needs to wait around 3-9 months range depending on the transferring issues and time.
YOu need a lawyer to facilitate such transaction, so that everything is in black and white, moreover, mutual consent from both of you seller and buyer have to come in term first.

2. There's other entry cost that you would need to bear

legal loan
legal spa
stamp duty loan
MOT
Valuation.

So do prepare enough cash to pay off this entry cost fees.

Hi all,

My relative’s loan got rejected few years ago because the developer is blacklisted by the banks… may I know any factors related to the property that might lead to the loan being rejected?

I plan to purchase a property in the next few months, and a bit daunting hearing some negative cases. Hope sifu here can share & shed some advice

I'm sorry if this was asked & answered previously

The developer could be bankrupt, blacklisted in the industry, non-targeted project by some banks.

Thank you for your fast reply, appreciate it.

Are there any ways for us to know whether the developers/properties are blacklisted by banks? any websites or sources to refer to? so that we could minimize the chances of the loan being rejected.

Hi all,

My relative’s loan got rejected few years ago because the developer is blacklisted by the banks… may I know any factors related to the property that might lead to the loan being rejected?

I plan to purchase a property in the next few months, and a bit daunting hearing some negative cases. Hope sifu here can share & shed some advice

I'm sorry if this was asked & answered previously

anyone is SC banker ?

1st time buying commercial property here
want to ask whats the average interest rate would be these days for the mortgage loan