1. Yes ... as long there is still outstanding during loan application.

2. Refinancing ?

3. No .. normal credit check applied.

4. No.

This post has been edited by mini orchard: Sep 24 2020, 06:05 AM

Your current interest rate will adjust according to market prevailing rate but is wont be similar to current promotion rate offered to new borrower.

If you want the new promo rate, you have to refinance.

There will be legal fees, stamp duty, valuation fee and mrta payable. Refinacing amount may be less than current outstanding loan depending on market value of the property and borrower have to settle the difference. Monthly repayment may also increase due to shorter tenure.