Hi, i got some questions;

1. I used to buy subsale properties through agent. So when i make the booking, the Offer To Purchase (OTP) that i signed (with my conditions) is prepared by the REN (using the agency format).
Now i m planning to buy directly with owner (no agent). Should i just make my own OTP? using my own format, and spell out my conditions?

2. The conditions in OTP; Can i make up my own conditions? Or need to stick with the standard conditions? For example, can i put in condition, i will only pay 10% upon SPA signing, no earnest deposit?

Folks, Just wonder if any banks are recognize for the part time uber income sdbsnk recognizable income when we applying for housing loan? If yes, can share the details of how much percentage of each bank recognize for such uber income into DSR when applying for the home loan. Thanks.

anyone know regarding hong leong bank? i get bank loan, banker say can put in advance payment which to reduce interest payment monthly. this advance payment got no monthly fee, can take out any amount anytime at $50 charge. like got so good benefit? i mean i can just simply put all my money inside advance payment, emergency need use cash only pay $50... any hidden thing to prevent??

I am fixed income earner.

I chose full flexi because I calculated I can save lot of interest by paying up a rm200 more or slightly more on long term. If full flexi scheme encourage such behavior, then I see there are more savings on the long run for full flexi account.

which bank offer BLR 4.2 with loan amount 500k?

BR?      i only know BLR.hehehehe

I think now calculate something like this 3.00% + 1.45%

am i right?

Need help on this.

In the midst of submitting for loan by this or next week.

My credit card  has been approved last week (i know i made a mistake to apply for cc and shoud wait after mortgage approved)

Question, does it will effect my mortgage application later in terms of credit scoring, dsr etc. Still not activate my cc because unsure whether to cancel or not.

Kindly advise. Thanks!

Thanks! Glad to know now

Well, I start a permanent role in Oct and this business will become part time and eventually disolved. Still need to wait for 2 years?

I think where we ask what is the bestest mortgage rates around?

RM1.85M landed property in construction... tenure 30 yrs

Getting rates of around 4.35 before nego (without MRTA)...

Anyones offering better rates or special promotion discounts etc around?

Sifu,
Need opinion with below options:
1) Bank M-effective rate 4.3%- high spread rate, low BR. They offer me to be premier customer and park me at my preferred branch. Low mrta entry. I have all the investment accounts and FD here. Semi flexi. 25 per withdawal
2) Bank R-effective rate 4.15%- lower spread rate, higher BR. Islamic housing loan, fully flexi, not so familar with Islamic T&C. They park me at Klang branch-very far. No fees for withdrawal, higher MRTA.

Monthly installment diff is RM53. Plan to settle in 20 years.
Which is better option in your opinion??

Anyone can help me calculate maximum loan amount

Salary Gross : Rm6000
Salary Nett : Rm5200

What the maximum loan amount? If no other loan or debt free.

Coz planning to loan Rm550k in 2018

Great news, then by next year, i must sell away my house in Saujana Putra and try save more money to buy bigger house....

It ok, haha, i this year age 35 de, maybe i loan 30 years tenure....

Thanks both...

 

For commercial loan, what is the best interest rate in the market? What is the different between islamic commercial loan and conventional commercial loan?

Hi Bankers,

Anyone can share the mrta/mlta calculator for loan amount 530k. I've tried to google it but cannot find..

I accepted this offer, OK or not?

Financing amt: RM137,700 (property price: RM153,000)
Monthly: RM627
Tenure: 35 yrs
Type: semi-flexi
Interest: (IBR) 3.0% + 1.4%
MRTT: 5k++ (forgot exact amount) for 29 yrs coverage

700k loan for rate 4.3, any one get lower than this rate?

Husband :

*Age : 25
*Gross pay : RM3150
*Nett pay : RM2786.25

Commitment
*Car : RM1000 each (I pay RM500, my brother pay RM500)
*Credit Card outstanding : 7824.02 (All 3 credit cards, 1 card pay only the minimum)
                                    : CC 1 - Pay RM250 ~ RM500 every month.
                                    : CC 2 - Pay 250 every month.
                                    : CC 3 - Pay RM300 every month.

*Overdraft loan : total 6k (Paid RM2.4k, every month RM200)
*PTPTN : Loan 28k, never paid yet.

Late payment every month for car (due date 17th, pay on every end of the month)

**Left about RM700++

Wife :

*Age : 25
*Gross pay : RM2000
*Nett pay : RM1770.25

Commitment
*Personal loan : RM3000 (Installment RM80, but pay RM100 every month)
*Bank Rakyat : 15k (Need to pay only 4k, so every month RM100)
*PTPTN : Loan 18k, never paid yet.

Late payment for bank rakyat (3 month not paid yet).

**Left about ~1.5k

We don't have any house yet, stay with family.

Dear Sifus...
My last question before signing the loan acceptance. I am more towards MLTT, but still have some doubts,
1. how should I apply it? Can I sign the loan offer letter first then only apply MLTT?
2. Is the premium rate fixed? Can get some discounts? (either $845k/$855k)
3. The premium paid can only be on 1 name? Can have both names as in the loan?
4. If I sell off the house, what will happen to the premium?
5. Can I inssured less than the premium?
6. What are the TPD covered?
Please PM me your quotation, as i am interested in getting it.
btw, I am from Penang. Thanks.

I plan to refinance my property. Any bank offers free zero moving cost now?