Dear
1) You will need to pay for valuation fees and upstamping fees
  If you Top up RM550,000 property price.
  Estimation
  Valuation fees will be around RM1078
    Upstamping fees (old fees- new fees) new fees is around Rm2508. Just top up on the difference.

2) If you have 3 housing loan to begin with, your 3rd house TOP UP will be 70% eligibility.
    If you sold 1 house, you will left with 2 housing loan, which if you TOP UP, will be 90% eligilibity

3) It really depends on what is the interest rate you are currently being charged with. If the other bank offer a more delicious rate.

    If you refinance just to save 0.05%, it won't worth it.
    As, Refinance, you will need to pay Legal loan, stamp duty loan and valuation all over again. There's a cost for it, So it is better to calculate the total cost of refinance before opting for it.

1) After you refinance, you will usually get 3 years lock in period.

2) 2-3% penalty will applied during 3 years.

3) Bank wouldn't allow you to deattached from them, they will need to break-even their cost from your refinance.

landed or condo?

hi, loan amt 600k, 35 years

would like to hear some advice on choosing between,

Maybank offer BR 3.2 + 1.25 = 4.45%
RHB offer BR 3.9 + 0.50 = 4.40%

Cannot. It will fall under commercial loan package if without HDA unless title stated residential clearly

Dear,

Just for your information, HSBC Zero moving cost has expired since early April.

Hence, HSBC don't have any ZMC anymore.

Cheers.

Gross Salary：RM5000
AGE：27
Committment: Car Installment: RM750 （4 Years left）
PTPTN: RM263.55
Credit card outstanding : RM 0
FD RM30k
Allowance: Rm50 per day ( I'm having allowance 900-1150 for most of the month but February only 600 due to long holiday Lol)
I would like to purchase a  RM600k  subsales property
Currently there is 1 property under my name which already pay off.
I would like to ask is it possible for me to get 90% loan?

HI,

I have a question..
Let say I applied a joint loan(me & wife)..
how is the margin being calculated?
For eg: Monthly installment of the purchase will be RM3000.
Is the loadn margin split evenly for RM1500 on each name?

Need to check with my banker. He informed thru phone yesterday. Planning to meet him today

Hi dear,

1. Loan Margin that will be slash is depending on applicant's scoring profile.

NOTE: The value of the property will NOT affect the loan margin

  eg.
i) Customers with good scoring and purchasing the first house > 90% loan margin
ii) Customers with non-healthy scoring (late payment shown in CCRIS) and purchasing the first house > 70% loan margin

2. Price in S&P is just an agreement between both party ( purchaser & vendor/developer ) that they agree with this price. But Banks need to secure themselves, therefore value of the property will be verified by VALID VALUER PANEL

CHEERS 

May I know which bank offered lowest rates for loan amount 400k, semi flexi or flexi loan are fine?

Dear
Yes my team can help you.

May I know more details regarding your profile?

1. Gross income
2. Allowance
3. Commission
4. Ot

Debt and commitments
5. Car loan
6. Housing loan
7. Credit card outstanding / limit  for each cards
8. Personal loan
9. Overdraft

Supporting income

10. Rental income
11. Fixed deposit
If is self employed

1. Business company bank statement
credit balance:
April
March
Feb
Jan
Dec
Nov

2. Sole prop or and bhd/LLP ?

3. How many share holders

4. Business industry

Cheers

Nett salary RM4k can get up to how much loan?

I am trying to borrow 387k from banks

PBB : 393k + MRTA , 30 years, 4.7%

HLB : 393k + MRTA , 35 years , 4.75 %
In the long run, which bank shall i pick?

Any specialist here? I want to apply loan and also I was told by PBB that the Flexi Loan, if I owe 100k, lets say I put 100k inside, only 70% will cover principle. I still subject to 30% interest.

Please PM me asap, my documents are complete and pending application

Hi Sifus,

I have a semi flexi OCBC loan. Did the normal repayment for a while now and just wondering is there flexibility to withdraw some money for personal use?
Also is it possible to withdraw EPF account 2 to do repayment to the principal amount to reduce?

I plan to refinance my RM300k loan. Assuming my DSR/CCRIS scoring is perfect, what is the best rate possible I can get currently? How about rate for RM500k?