Does anybody know if I purchase a commercial as first property, am I entitled the 50% stamp duty discount first residential property when I buy my first residential property?

for house loan.. joint can with friend?

Maybank HomeEquity-i
Features & Benefits

Based on the principle of Musharakah Mutanaqisah (diminishing partnership via leasing)
No compounding of profit and other charges
No early settlement charge/ lock-in period penalty
Competitive financing rates and margin of financing
Lower monthly instalment with the longer payment period of up to 35 years or until the age of 70, whichever comes first
Higher financing eligibility of up to 70% of your gross income*
Higher financing margin of up to 100% of the value of the house (including capitalisation of related expenses such as MRTT contribution)
MRTT coverage, which settles your outstanding mortgage and transfers the title deed to your family in the event of death or total and permanent disability
20% reduction on stamp duty for new financing & waiver of conversion from Conventional facility
Convenient payment options of your instalment via Maybank and Maybank Islamic branches, ATMs, Kawanku Phone Banking, and online via Maybank2u.com
Minimal documentation compared to other home financing plans

Basic Details:
Financial Type: Maybank Islamic Loan
Interest Rate: 4.55%
Tenture: 20 years
Loan Amount:260,000
Above details is my home loan plan and the benefits I grab it from Maybank website. A few queries to clarify here, hope some professional banker can help to answer:

1. From the benefits it stated that no early settlement charge/ lock-in period penalty, this is also what my banker told me when I was applying the loan. Just curios, I got a saving account which is tie to the loan, which mean every month the monthly installment will be deducted from the saving account lets said RM 1700. If I want to pay extra how should I do that? Can it be like bank transfer or have to go down to the Maybank to do it?

2. My loan package include the MRTT total around RM4000, lets said if I pay up my loan within 10 years, will this MRTT able to get some refund? Heard some home insurance was able to do so.

3. 20% reduction on stamp duty, where can I check do I entitled to this benefit? This was my first time applying home loan.

Maybank HomeEquity-i
Features & Benefits

Based on the principle of Musharakah Mutanaqisah (diminishing partnership via leasing)
No compounding of profit and other charges
No early settlement charge/ lock-in period penalty
Competitive financing rates and margin of financing
Lower monthly instalment with the longer payment period of up to 35 years or until the age of 70, whichever comes first
Higher financing eligibility of up to 70% of your gross income*
Higher financing margin of up to 100% of the value of the house (including capitalisation of related expenses such as MRTT contribution)
MRTT coverage, which settles your outstanding mortgage and transfers the title deed to your family in the event of death or total and permanent disability
20% reduction on stamp duty for new financing & waiver of conversion from Conventional facility
Convenient payment options of your instalment via Maybank and Maybank Islamic branches, ATMs, Kawanku Phone Banking, and online via Maybank2u.com
Minimal documentation compared to other home financing plans

Basic Details:
Financial Type: Maybank Islamic Loan
Interest Rate: 4.55%
Tenture: 20 years
Loan Amount:260,000
Above details is my home loan plan and the benefits I grab it from Maybank website. A few queries to clarify here, hope some professional banker can help to answer:

1. From the benefits it stated that no early settlement charge/ lock-in period penalty, this is also what my banker told me when I was applying the loan. Just curios, I got a saving account which is tie to the loan, which mean every month the monthly installment will be deducted from the saving account lets said RM 1700. If I want to pay extra how should I do that? Can it be like bank transfer or have to go down to the Maybank to do it?

2. My loan package include the MRTT total around RM4000, lets said if I pay up my loan within 10 years, will this MRTT able to get some refund? Heard some home insurance was able to do so.

3. 20% reduction on stamp duty, where can I check do I entitled to this benefit? This was my first time applying home loan.

Pertaining to the remortgage loan matters, I would like to check on the requirements of below details is eligible for a remortgage loan.

The property is fully paid.
The property owners is approaching retirement age.

Your kind reply is highly appreciated.

Yes can but only few bank will accept this kind of application.

what bank can do?

First house below 500k entitle stamp duty discount 50%.

Or skim rumah pertamaku for 100% loan below is the criteria

http://www.srp.com.my/en/criteria.html

any bank can do fortnighty loan repayment? heard that it can reduce our interest payment. i that true?

residential property but commercial title?

any bank can do fortnighty loan repayment? heard that it can reduce our interest payment. i that true?

if 100% loan is approved, can we withdraw from EPF account 2 as well? pls advice, first time buyer here. thank you.

hi, can we apply for the loan first then find a house to buy later? i'm planning to buy a second-hand house.