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 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

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rontol
post Apr 9 2016, 01:55 PM

On my way
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Junior Member
501 posts

Joined: Oct 2004
From: *Nice et Kuala Selangor*


Quick question guys

it's true property under 200k hard to get under 5% interest?


few bankers roughly say if 100% loan interest a bit higher

if 90% can get lower
rontol
post Apr 9 2016, 01:58 PM

On my way
****
Junior Member
501 posts

Joined: Oct 2004
From: *Nice et Kuala Selangor*


QUOTE(lifebalance @ Apr 9 2016, 01:57 PM)
Yeah loan amount not high enough.  Bank will put a higher interest rate for loan below 200k.
*
allright, thanks for sharing


so if can get 4.95% or 4.9% good enough? sweat.gif
rontol
post Apr 11 2016, 08:20 PM

On my way
****
Junior Member
501 posts

Joined: Oct 2004
From: *Nice et Kuala Selangor*


QUOTE(Madgeniusfigo @ Apr 11 2016, 02:40 PM)
Dear,

1. Under 200k, worst range of interest rate would be 5-6%, however certain banks would give lesser than 5%.

2. It's all dependedent on your profile and the location you are getting financing for.

3. lately, I got 4.5% RM160K loan amount for my client, it really depends on your profile.

4. 100% loan rate range would be would be the same as 90% loan rate, however certain bank would give a higher rate due to risk mitigation. It depends on which bank you applied with and how was your profile.

Cheers!
*
wow... no 3, so good can get 4.5%


thank you for sharing this biggrin.gif

 

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