Not really, some time appeal lower Maybank, PBB also can offer lower than alliance appeal rate

I approve rate 4.35 before that's why I said it's very subjective

In my hand since this year January and feb, my hand done for Maybank, and public bank, even CIMB also I able appeal to 4.4 for loan amount 500k-700k

Rate is very subjective, can't compare verbally. I always advice my client submit few bank and once approve appeal for better rate, then choose which bank offer the lowest rate and choose, if both bank able offer the same best rate then compare their offer

low spread rate doesn't means low interest ya, and if not full flexi there should be zero monthly maintenance fees for most of the bank.

True, if can borrow max loan margin and max loan tenure. Then the remaining you have can throw in loan repayment.

Which bank? Why rate so high 😖 is it CIMB or OCBC?

New develop project? Or subsales? Why don't you try submit others bank?

Loan figure? You can request banker write in appeal letter and extend the LO date

In my hand this figure I done 4.4-4.35 also. Which bank offer you 4.55? CIMB?

This figure can appeal until 4.35-4.4 if your grading is good. 4.4 actually not bad offer already

This post has been edited by ims2628: Apr 9 2015, 04:36 PM

Yes penalty is stated in your LO. When you sign LO the banker didn't explain all the details to you? 😰

Yes I means before he or she pass you LO he / she should explain all the LO info to client.

yes not bad already, but your loan is it bundle with MRTA? if with bundle i expect you can ask the banker appeal to 4.35

Without any MRTA 4.4 actually consider very good rate already .

Consider not bad since it's without mrta

Yes. For loan figure 500k.

Very nice rate already for this loan figure

https://www.imoney.my/articles/understanding-home-loan/

Roughly let you understand the differences but it's still slightly different with the offer for all the banks

yes commercial rate is higher than residential normally by 0.1% in each bank

SOHO / SOFO units and Serviced Apartments, depending on the bank’s internal policies, There is confusion as to whether SOHO units and Serviced Apartments should be financed using a home loan or a commercial property loan package. In truth, there are no blanket guidelines for banks to follow. It is decided by the banks for each project individually, and depends very much on the bank’s tolerance for any potential complications down the line e.g. For SOHO projects that fall under Housing Development Act, the same bank may use housing loan package for one project while using commercial property loan package for another.