Can anyone share their knowledge on some of my questions? Thanks!

1) which bank still provides refinancing solutions more than 10 years tenure? as i remember BNM had earlier issued a guideline that refinancing cannot be more more than 10 years tenure.

2) if let’s say the parents wish to sell a property at lower value to a child. although i know that it would be a better option if the parents transfer ownership under love and affection to their child first only then the child refinance from bank and pay back to his parents, but would this overall process until loan disbursements would take longer time than parents sell the property thru normal sales and purchase procedures to the child?

just for added info, the 3.8% is a semi flexi loan while the 3.85% is a full flexi loan

heavily inclined to the full flexi loan after much advice from family

wanna know what you guys think

so at the end of the day the interest rate is the deciding factor eh?

Hi all, help needed.

Need to refinance my loan to reduce the borrower from 2 person to 1.

Can advise which bank can offer full flexi with no capping?

Thanks alot.

Can I know does the EZCash will be counted into the DSR calculation of the bank?

I got reply from Maybank banker.

Refinance amount follow max tenure, but cash out part 10 years.

And need to pay 2 loan together... every month refinance installment + cashout installment.

What happens to the status in coming years when the house loan has been paid down below the RM1 mil?

Hello. Would like to enquire. If i have 1st property under conventional bank loan (90% margin of financing), and have 2nd prop under lppsa loan. Will banks allow 90% margin of finance for the 3rd property?

Hi all,

Got my loan proposal from 1 bank only currently, Public Bank.

HEF-i/HOME VR (Redraw)(Promo)

Loan :      RM450,000(90%)
MRTT :          RM7,165
Legal :          RM9,140
==============
Total :      466,305
==============

- Tenure : 35 years

- Effective rate :
. SBR+0.85%=3.85%
(SBR = 3.00%)

- Instalment :
. RM2,030

Notes/condition :
1) MRTT covering RM135K for 35 years
Can sifus advise if this rate is OK?

any idea which bank and contact?

Recently applied for a mortgage, all applied banks ask for proof of FD/savings. How much do I need to keep in my savings to get lower interest rate?

Any zero moving cost refinancing available now? Loan amount will be 440-500k.

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.

For housing loan which is better - Islamic or Conventional loan?
Banks are using SBR to calculate the interest rate. Is SBR better than the previous BLR rate?