This amount I tried appeal lowest to 4.35 before last month, but depends on bank normally average 4.4-4.45.

4.35% for a loan amount of RM400k is generous. Should be an exceptional case?

Client categories in first grading, but this is appeal rate ya before appeal approve rate 4.4

I am looking for house loan. Details below. Please PM me:

Double story link intermediate 20’ x 75’.
Purchase price $980k. Looking to loan 90%.
Joint gross income ~$20k.

Commitment:
Myself have a housing loan still owe bank ~$130k. Installment $630. Renting out $900.
My wife also has a housing loan still owe bank ~$130k. Installment $630. Renting out $900.
Car installment ~RM1000.

Thanks.

I am looking for house loan. Details below. Please PM me:

Double story link intermediate 20’ x 75’.
Purchase price $980k. Looking to loan 90%.
Joint gross income ~$20k.

Commitment:
Myself have a housing loan still owe bank ~$130k. Installment $630. Renting out $900.
My wife also has a housing loan still owe bank ~$130k. Installment $630. Renting out $900.
Car installment ~RM1000.

Thanks.

i just signed last few days with MBB
RM400k, 4.40%, 35 years..

keep telling help to appeal 4.35% but she said best liao

now i count for 35 years, RM400k, the difference between 4.40% & 4.35% is quite a lot.

monthly installment -rm12.29
total interest - rm5161.97

The diff in the monthly instalment is not a lot for a 0.05% diff in the spread but when accumulated over the whole loan tenure then it can be significant.

totally agree.
when long term, 35 years make a lot of diff

can list down any non bank financial institution here?
What I know is Hap Seng Credit.

Bro for what purpose? Btw Hap Seng Credit doesn't grant mortgage loan which is what this thread all about right?

This post has been edited by Jasoncat: Apr 26 2015, 08:24 PM

i heard they do

Dear friends,

The question that I'm about to post maybe a repeated question.
If there is already a discussion on it, maybe you can point me out to the correct direction.

I'm about to ask about the mortgage package, whether to take a full flexi or a conventional term loan package.

I've received some info from a banker and would like to know the perspective from the person / people themselves who are currently serving the mortgage / loan package in term of advantages and disadvantages between these two types of loan / mortgage packages.

Thank you and your comments are greatly appreciated.

after 35 years, 5k is just like 1k today...

i have settled my 1st housing loan and now awaiting my lawyer to attend the Discharge of Charge. During this period, if i intend to purchase my 3rd property, how banks consider my case? still entitle for 90% of loan?

Hi, i talked to my MBB agent, to start pay installment immediately after spa and loan agreement settled although still under construction, end of 2016 the house only completed. The reason is not to pay progressive interest.

However, the agent said unable to pay installment during construction, need wait construction completed only able to start installment.
During construction period just pay progressive interest.

Any sifu can share some opinion.

MBB Semi Flexi, but LO just written Term loan

You can pay, but all will go towards advance payment. It still will help you to save interest as this is a semi flexi loan. Just that its not reflected in your statement.

If u able to get a confirmation letter from bank that account has been settled and now in the process of DOC, then u can apply for 90%

Yes if you able prove that you had settle your first housing, you're entitle third house which is second house in loan and get 90% margin

This is very good rate already. If you can get 4.35% for 400k loan, let me know. I am sure alot of bank marketing department eager to know too