Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed

Outline · [ Standard ] · Linear+

 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

views
     
cybermaster98
post Mar 19 2015, 11:26 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
Any refinancing rates better than my existing home loan rate of BLR-2.45?
cybermaster98
post Jun 15 2015, 09:25 AM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
Can someone detail the current Gov benefits for first time home owners in Malaysia? And what are your eligibility requirements?

Thanks
cybermaster98
post Nov 11 2015, 12:04 AM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
I have a newly completed property where the monthly housing loan instalment is due to start next month.

I wish to utilise my EPF Account 2 to make monthly loan repayments. My EPF has been untouched so far and my housing loan is far more than the available balance in Account 2. Ive reviewed the requirements on the KWSP website but have the following queries:

1) How long does Maybank take to issue the Housing Loan Balance letter for us to submit to EPF?

2) If I can obtain this letter from Maybank, do I still need to provide my S&P agreement to EPF? The requirements in the attachment below don't mention this

2) Will it be a lump sum withdrawal of the available balance in my EPF Account 2 or will it be monthly repayment?

3) Can I select to have the amount banked into my savings account?

Anything else I need to know about making an EPF withdrawal?


Attached File(s)
Attached File  Borang_PMB_Senarai_Semak_Dokumen_Mengurang_Baki_Rumah__November_2014_.pdf ( 634.69k ) Number of downloads: 17
cybermaster98
post Nov 11 2015, 09:37 AM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
QUOTE(cybermaster98 @ Nov 11 2015, 12:04 AM)
I have a newly completed property where the monthly housing loan instalment is due to start next month.

I wish to utilise my EPF Account 2 to make monthly loan repayments. My EPF has been untouched so far and my housing loan is far more than the available balance in Account 2. Ive reviewed the requirements on the KWSP website but have the following queries:

1) How long does Maybank take to issue the Housing Loan Balance letter for us to submit to EPF?

2) If I can obtain this letter from Maybank, do I still need to provide my S&P agreement to EPF? The requirements in the attachment below don't mention this

2) Will it be a lump sum withdrawal of the available balance in my EPF Account 2 or will it be monthly repayment?

3) Can I select to have the amount banked into my savings account?

Anything else I need to know about making an EPF withdrawal?
Any input please?
cybermaster98
post Jun 1 2016, 02:26 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
Is this the thread to ask about new car loans?
cybermaster98
post Jun 1 2016, 02:32 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
I got a pre-approved loan from Maybank for my wife's new car. 2.91% for 9 yrs. 108K loan.

Is this a good rate? Who else would be able to offer a better rate?
cybermaster98
post Oct 13 2016, 12:09 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
Any new promo from the banks for refinancing where the banks absorb the legal fees and SPA? Not include in the loan.

Prop value approx. 900K

This post has been edited by cybermaster98: Oct 13 2016, 12:13 PM
cybermaster98
post Oct 13 2016, 01:18 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
QUOTE(lifebalance @ Oct 13 2016, 12:18 PM)
SPA is normally not absorb in a zero moving cost package, only the loan agreement. Normally the SPA is untouched for refinancing portion as the loan is only being moved.

Unless you intend to change anything in the SPA like add or remove a person name, then it's on your own cost.

So far, SC, AIA offers zero moving cost, not sure for other banks whether it's still on-going or not.
So assuming my loan amount is 700K, how much would my refinancing cost be since SPA is not needed to be changed.
cybermaster98
post Oct 13 2016, 02:20 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
QUOTE(lifebalance @ Oct 13 2016, 01:22 PM)
Roughly around 11k
Darn..thats a lot!
cybermaster98
post Dec 6 2016, 09:37 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
Property details:

Type - Condo
Name: Kiara Park, TTDI, KL
Status - Freehold
Purchase price - RM1.0mil
Loan amount - RM900,000
Loan tenure - 25 years

Assuming that a 90% loan is obtainable, which banks would offer the best interest rates?

Kindly do not PM me asking me to submit applications. This is to gauge which banks currently offer the best rates in the market.
cybermaster98
post Dec 6 2016, 10:17 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
QUOTE(lifebalance @ Dec 6 2016, 09:43 PM)
Usual 4.3%
Which bank offers this?
cybermaster98
post Dec 7 2016, 02:17 PM

Look at all my stars!!
*******
Senior Member
4,440 posts

Joined: Jan 2010
From: Kuala Lumpur
QUOTE(Madgeniusfigo @ Dec 7 2016, 01:37 PM)
Best rate 4.25-4.3% PBB and MBB, SC
What about other banks besides PBB, Maybank and Stan Chart? Will they be able to match or better this rate?

No lock in period if possible
« Next Oldest · Property Talk · Next Newest »
 

Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0450sec    0.52    7 queries    GZIP Disabled
Time is now: 29th November 2025 - 12:02 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.