Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)
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 Mar 9 2015, 04:38 PM
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#1
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Junior Member
12 posts Joined: Oct 2010 
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Wish to check, I have two home loan with OCBC, can i refinance the 1st home loan to cover the 2nd one
1. Loan Amount is RM140k, outstanding is RM40k, market value about RM450k. 2. Loan Amount is RM380, outstanding is RM360, market value about RM600k. Regards. |
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Mar 10 2015, 06:17 PM
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#2
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Junior Member
12 posts Joined: Oct 2010
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QUOTE(ims2628 @ Mar 10 2015, 12:57 AM) sure why not. but i'm more curious which loan on going interest is higher? I cant remember but should be about the same. 1st one still within lock in period so think about refinance the 1st one, try to avoid penalty from the bank if possible. If refinance should base on new rate right? Regards, Slim10 |
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