Hi guys,

I’m buying a new property, join name with my sister:

This is the initial detail

House price: RM885,000
80% loan: RM708,000

Therefore, down payment: RM177,000
Legal fees & stamp duty: RM39,000+-

Total preparation needed: RM216,000
Questions: is the legal fees and stamp duty expensive?

I dont have the interest rate at the moment

I'm currently in progress of purchasing a house, I have question about loan application.

My situation I have mortgage broker
(introduced by prop agent) submitted for loan application on behalf to multiple banks, but now I'm not too comfortable with the broker but he just inform me loan approved without any supplementary information like package, rate how was it compare between multi bank that he said he submitted.

And property agent pushing me to use the lawyer they suggested to sign LO.

Im planning to use my own lawyer, question is can I still submit loan application by myself to branch if broker already submit on behalf but unwilling to share information?

Based on current market, I would say its really bad. For this loan amount, the highest you should be getting is 3.85% , lowest 3.80%. If it's a subsale purchase, you can even go lower 3.80%.
UOB Combo mortgage u can forget about it. It's combination of OD facility with HL (rate above 4%). Not worth to taking even though it somewhat lower your DSR but you pay more interest in the long run.

The reducing of installment, first time I heard. My existing loan is with MBB but additional payment doesnt reduce monthly payment and redrawal can be done via m2u but charge RM 25 per redrawal.

Hello all, my girlfriend is buying her first house, this sales gallery person who's working for the developer is helping to sort out the documents and stuff, but he mentioned that for HLB, they can only loan up to 80% as they got caught giving out rebates in the past, Public bank as well, is this true or just some agent bullshit ?