Hi Sifuss.

I am considering applying for AIA Loan to finance my purchase, but need some guidance from the Sifus here on:-

-  AIA's interest is calculated based on daily rest and reducing balance, like a normal housing loan by banks right? I'm asking because the AIA agent that's currently helping me with the application is also not sure how it works   

means, can still dump extra cash later to reduce the total interest paid, correct?
hoping for some responses from the experts from this group.

thanks!

This is not considered a joint loan right? Since it's only serviced by one person

We need a sifu here to answer this question, I'm a newbie 😂 no penalty for settling loan in 2 years?

Hi guys, may I know if I am still eligible as a first home buyer if I already took a joint loan before for a house purchase but the property name is not under my name? I have also sold off the property already.

How to go about getting mortgage quotes from multiple banks? Just walk in to every branch and ask? Can anyone share how they usually get their quotes?

Some like CIMB and SC have this button to register interest on the website, then the bank agent will call back....but the 2 with the supposedly best loans (MB and PB) seem like have to apply direct at branch...

Hi, sorry if asking noob questions…

Pro and cons of using mortgage agents vs direct deal with bank mortgage officers?

S&P lawyer- best to use the same panel lawyer recommended by bank? If use different law firm, would the legal costs remain the same or higher?

Do you think those agents will likely introduce their client to the bank loans which offer the agent the highest commission?

Rather than the one offer the best interest rate/ package which suit client requirement?

Hi Sifu , recently i applied for house loan , when i check my eccris , i realize have additional extra personal loan which i did not applied , when i asked the banker , she mention it was insurance , can anyone explain what's going on?should i take it or not?

Sorry, another noob question, this time regarding principal reduction for flexi loan...

I understand that in a flexible loan, additional prepayment allocated for principal reduction can reduce interest charged...just wondering then does this mean monthly repayment is reduced? Or monthly repayment is the same, but overall loan tenure reduced (pay off loan faster)? Do we get to choose which one happens?

Thanks for answers sifu

Hi, I have a question regarding the interest rate for housing loan.
Getting a loan at 32 years old for 28 years (until age 60) vs getting a loan at age 37 years old for 23 years (until age 60), will these have different interest rates?

good evening, just a quick question

how come my rhb loan after fully disbursed, it goes back to remaining term 420 months (35 years) ?

all the while for 3 years plus when keep paying interest as the loan slowly disbursed out, the remaining term slowly deduct, up to 390 months, then suddenly when final disbursement completed, suddenly reset back to 420 months?

Hi, to to calculate the progressive interest? is it based on the percent of disbursement to the developer?

hi. I hv a home loan with ambank 10 years ago. Now after the latest interest rate revision, ambank has reduced my month repayment from rm1100 to rm900. Meaning that I gonna serve longer period repayment. I wish to readjust back to the previous monthly installment, can I ask the bank to maintain the payment?

which full flexi islamic loan now best for 1m quantum?

May I know what is the usual/normal rate for mortgage loan?
This is joint loan application for our first home. Current DSR is 25%, if agreed to take up the mortgage loan, our DSR will be 40%. Both of our CTOS is excellent, 752 and 750 respectively. No arrears. Both are permanent jobs.
Nope. Included into the loan.
Btw guys, fyi, current banker (Muamalat Bank) was arranged by developer. If I want to approach the other bank to finance my mortgage loan, what document do I need?

Hi all,
May I know what are the key points for choosing between conventional home loan and Islamic home loan?

I don’t have any preference but would like to know what are the main points to consider.

I did find this article, would like to know if anyone here has other opinions.

https://www.imoney.my/articles/islamic-prop...-financing/amp/

why PBB have higher interest rate than others, yet request MRTA MLTA and need min 200k savings?

firstly if i have 200k i wont borrow loan la
2ndly, not like your loan rate is best still ask for so many things

yes i heard pbb is more stringent which is fine for me since i got 2 banks approved

just makes me wonder how does pbb position themselves with high requirements yet high interest rate

if low interest rate and high requirements i understand

p/s : i am not sour over pbb rejection. just find it funny and for sharing only

now apply loan must take cc ?

Is affin or uob better when it comes to housing loans ? Some say hsbc good. But I dunno.

Hello,
I’ve shortlisted 2 properties for purchase and currently investigating financial options. I have previously approached Maybank to enquire about the loan amount that I can qualify for, their answer was basically about double the loan amount I need for my purchase.

To be extra certain before I make a purchase offer (subsale purchase), is it beneficial to apply for these “pre-approved home loans” before I make a purchase offer to the seller?

Reason for above is that despite the positive reply from Maybank, I read that about 50% of loan applications are rejected and I’d like to be extra certain to avoid possibility of down payment being stuck

Ok thanks I guess I misunderstood then.
Actually what is the earliest part of the subsale purchase workflow where I can approach the bank to start the loan process?

This is after choosing a unit and before signing the Letter of Offer as written here right?

https://www.propertyguru.com.my/property-gu...-malaysia-16637

What is the best rates offered now? Is 3.80% effective rate considered ok for a 300k loan?

hi, anyone know which bank is willing to offer home loan to a cash salary receiver?  RHB banker directly rejected me.  another hl banker ask a lot of documents... seems like no hope also.... i have EPF , socso and pcb.. and i also bank in 80% of the salary to bank every month. any suggestions?