Hey sifus, wanna check if the rate I’ve received is competitive? Any banker here can offer lower rates?

Bank: MBB
Approved Amount : RM619k
Rate: 3.55%
MOF: 90%
Loan tenure: 35 YEARS

Scanario: the house is under joint name (co-owners) but the housing loan is under my name only. 

For the case I bought insurance, the house will go to the co-owner if I pass away. Co-owner no need to continue to service the loan. If co-owner pass away, nothing happens, I have to service the loan as usual.

I also read previously that both co-owners can buy insurance protection to cover the loan. Can the co-owner still buy this insurance is he/she is not under the housing loan?

By insurance, is this referring to the MLTA or MRTA, and this is bought from the bank or insurance companies?

Thank you

Hi, what is the meaning 'finance in'? Sorry, not very familiar with the term. Thanks

I can't get a bank loan financing of 90% at the moment, do you think I rent-to-own is another good option to buy the sub sale house? What is the pros and cons of rent to own? I don't really know much about it.

I checked with OCBC and it states that they do not have end financing for the project. Isn’t that weird. The property agent said the project is completed so basically can submit to all banks.

Hi all. I just got offer from Allianz Bank:

Loan amount: 500k
Interest: 3.65%
Tenure: 35 years @ 1.85k per month

Does this a good rate?

Just got the LOU.

Banker said need to pay SNP by cash is that true?

Thank you Keith.

What do you think about my plan?

any bank offer zero moving for refinancing? currently i have a 4.02 loan, does any bank loan rate better than this?

Hi all. I just got offer from RHB ISLAMIC BANK,

Loan amount 300k
Insurance Mrtt: 13,335 (cover 300k for 35 years)
*Total financing amount: 313,335*
Loan tenure: 35 years
Interest rate: 3.85%
Monthly repayment Rm 1360

Does this a good rate?

What is the likelihood for someone working overseas (E.g. Singapore or Australia), where they have no CCRIS record in Malaysia, is able to get 90% home loan? But in their country of work, they have records (cards, personal loan, etc) Gt some feedback from bank that they allow only 80% or max 85%.

Hi all, need some advises here.

Got my letter offer from PBB before 1 August 2022:
BR 3.02% + SR 0.58 = 3.6%

Signed the LO on 1 August 2022 (Monday)

Last week, the bank asked to sign a revised letter offer due the BR to SBR revision.

SBR 2.50 + SR 1.10 = 3.6%
Is there a difference between SR 0.58 and SR 1.10 @ ELR 3.6%?

Pretty confirm no but do you all think possible to ask the bank to maintain SR 0.58% + SBR 2.50% = 3.08%

Hi, glad to find this forum discussion.
I am a foreigner which has been living in a rented unit for 5 years. I am planning to get my own property. Wanted to ask few questions

1. How is the approval rate for foreigner nowadays? Especially after Covid time.
2. Any idea what is the best % of MOF which i could expect? I saw from few articles (copy and pasted among them), that foreigner w/o mm2h can only get 70%, is that true?
3. Any extra loan/admin fee which applicable for my case that i should be aware of?

Hi guys,

What for mbb semi flexi loan conventional and islamic any difference?

My banker say no difference.

Thanks

Hi all. I just got offer from CIMB Bank

Total loan amount 774k
32years
3.7%
Monthly instalment
First 5years RM3,098
After 5years RM3,546

Insurance per month 350
Sum assured 774,000
OR
Insurance per month 300
Sum assured 600,000

Does this a good rate?

Hi i got a question regarding lawyer and stamp duty fees. How much is 880k loan sub sale house fees i have to pay for above mentioned. Tq

Hi all,
What's the most time efficient way to meet with bank loan officers to discuss the loan amount that can be obtained?
Do you schedule appointments at multiple banks on the same day and go to the branches one by one?

Possible to schedule video calls and discuss online without physically going to the branch?

Hello sifus, what is considered a good salary range to own a RM600k+ property?
Considering monthly debt (credit card and student loan) = RM500 max and no other commitment.

Hi all,

Im buying new property directly from the developer which is still under Contruction. 3 banks has approved my loan. CIMB, Public bank and Maybank.
Im not sure which loan to accept. Would very much appreciate any advice on this matter. Thnaks in advance

CIMB

Total loan amount 729,967k
Loan amount RM 703,210
MRTT : RM26,757
Loan for 28 years
SBR 2.50% + 1.20% PA = Interest Rate : 3.7%
Monthly instalment
First 5years RM3,142
After 5years RM3,615
Public Bank

Total loan amount RM733,100K
Loan amount RM 703,210
MRTA : RM29,900
Loan for 28 years
SBR 2.50% + 1.35% PA = Interest Rate: 3.85%
Monthly instalment = RM3,570

Note: Public bank told me that final Interest rate would be 3.55% after appeal. Once i confirm the offer and its confirmed than they will issue the letter

Maybank
Interest Rate : 3.65%

Hi sifu here, any alternative way can loan 80%-90% if want to buy 3rd hse?tqvm...