Hi can you explain what is meant by capping?
Thanks

Hi all, to refinance, if I want to cash out some $$ from existing housing loan which deal with HLBB (probably around RM 20k - 30k), and my current status is working in FI (bank) with fixed salary. What is the best bank for me to apply housing loan based on my profile? The bank that I currently working, or other bank which prefers employee with fixed salary?

And how many type of fees I need to pay? Agak agak how much?

Hi, first time buyer here.

RHB currently offering 4.20 with MRTT. Is this good for current rates?

The MRTT must go with bank or we can find separately ourselves?

Hi All, hope this is the correct place to ask.

I have a family home that I aim to rebuild from ground up. The plan is to mortgage the existing property to fund the rebuilding. However, I currently already have 2 other properties under my name (one as sole owner, another as joint with a parent). I'm trying to avoid being stuck with the maximum 70% loan margin.

If the family home is under my spouse's name, does she qualify to apply for a loan at the regular 90% margin if she has no income and I serve as the guarantor?

Hi guys,
Quick question, as loan rate are based on loan amount as well.  Pretty sure u guys know rate for loan 300k below is well higher compare to above..
I need to bought a house for 380k and only 70% loan is allowed which only offered me 266k which leads me to a rate of 4.4% PA. 
So my question is can i top up the house value to like 430k which allow me to loan 300k to qualify lower rate (unsure but definitely better than 4.4%). Then once the money is disburse, i use the extra amount (430k - 380k=50k) to settle the loan directly so i can enjoy lower rate but my principle balance also left 250k already.
Is this a wrong doing ? (legally)

Yes sir, what i meant is it would be valued at 430k (Normally bank valuer tends to be higher ?) But my main concern is is that a wrong doing and bank ain't stupid thou ? If i borrowed the extra 50k(430k-380k) and then returned it on the spot

Hi all, I have a question regarding our 2 x 90% loan quota. Is it possible for us to defer our second 90% quota to 3rd property? This mean on 2nd property I'll only apply for 70% loan.

The reason is that I plan for my first 2 property as rental oriented high rise property which is lower in price. Then for 3rd should be own stay landed property which most likely be over a million. If I can defer the quota to 3rd property then it gave me more flexibilty on my own stay property since I only need 10% downpayment and the DSR from my first 2 property is lower.

Hi, all. Does home loan always take 3 months for disbursement and you can only get your keys to do renovation after that? Is it true you have to pay a fee for loan disbursement?

I surveyed a few banks, but one of the agents has a very high indicative valuation (like 10% more than other agents), but after applied I only got offered 80% instead of 90% of the loan. In the end, it is actually worse than those agents with 10% less indicative valuation. Is this a strategy to attract buyers to apply from them or am I overthinking?

Apply for loan for same house, 2 banks

2 applications stated in ccris:
bank A) pending applicant's acceptance
bank B) pending

if I accept and sign offer by bank A, and cancel bank B application before they offer me, any effect on my credit score?

bank B has been dragging me forever.
submitted these 2 applications same day same time, bank A already have offer letter ready last Tues.

Thanks, is there any rule apply after VP start paying actual instalment, after how long only can do refinancing to other bank? Purpose is because better interest at other bank.

First home buyer here, not sure if legal fee package was discussed over here too. Please ignore me if it wasn’t. My lawyer quoted me RM20,500 in total including MOT and loan stamp duty for my subsales purchase pricing at RM418,000. Any sifu can let me know is the legal fee reasonable cause the price was different from first quotation and the lawyer have added few add on in between. Thank you

any payment involved? mine is public bank

normally how long does it take for a home loan to be approved?

i plan to buy a subsale service apartment, this will be my third house on loan, can i opt for commercial loan to get higher loan margin since the title is commercial for service apartment?

I want to check my loan eligibility if anyone can help
Age: 34
Pay: 3.4k nett (gross is 4k)
Other income : Asb dividend ~23-24k/year

Monthly commitments:
CC cleared every month

Can I get a house pricing around 780k (Im planning to put 10% dp) so loan might be around 700k~

Or sifu here can advise how much is my eligibility to loan then I can adjust my deposit based on the eligibility.

Thank you

I'm surprised by PBB. They allowed MRTA for 5 years at almost half of the loan coverage. That's a big risk for them.

Anyway, as the borrower, I would recommend a life insurance as back up just in case. We cannot predict the future, so a good coverage for the first 10-15 years of the loan is important to avoid financial burden to our loved ones. (I'm not an insurance agent).

i have some question. if property is under loan and didnt buy any mrta. after few years the husband pass away then the house be lelong rite? (wife no money to keep pay installment) lets say the house still owe bank 700k but bank only manage lelong 500k. Will the bank request the wife to pay back the 200k if the husband still got epf? or the bank just let go the 200k since the house cant sell high price.  Note: house only under husband name. thank you

question: how long does it take for land office in Selangor to "update" the private caveat submission in their system?

reason being is the bank needs to see that the caveat has been reflected in the land office system before they can disburse the loan

ahh.. seems that you got a better mrta coverage at lower price 

Hi all,

Wondering if this is a good offer from MBB.
Going for 70% loan.

SPA price: RM 948,000
Loan amount: RM 663,600
Rate: 3.85%
Tenure: 29 years
Minimal MRTA: RM 6,855 (50% loan coverage for 10 years)
Total loan: RM 670,455

Monthly installment : RM 3,201 (inclusive MRTA)

Hi,

Anyone using MBB Semi Flexi loan? Have some questions about it before signing the LO.

I am still blur after the banker explanation.
Please PM me or reply to this message. Thanks!