Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed

Outline · [ Standard ] · Linear+

 Housing loan, Which bank????

views
     
vreis
post Jul 12 2007, 05:40 PM

Golden Past Red Future
******
Senior Member
1,658 posts

Joined: Jul 2006
From: Spion Kop
QUOTE(joanalooidog @ Jul 5 2007, 02:31 PM)
I there. I intend to buy a property soon. The loan amount is less than 100k.
As there are so many plans in different banks, which one is the most worth it?? really noob in this.........
*
If amount less than 100k, you can go for any banks as for the forceable future, the BLR is quite stable & loan lawyer fees absorb by the bank. Nowadays all the banks is almost the same. An agent told me if those banks can match each other offer. PM me if you need the agent contact.
But I myself take ING loan @ 5.99 need to pay for loan lawyer.

QUOTE(LPJ @ Jul 5 2007, 02:37 PM)
i share ur confusion... i myself is buying a property too... but don't really know which financial institute to go for loan... i was think to take ING loan package because the rate is fixed at 5.99% for the whole tenure.

may i ask how much would it cost for the lawyer fee for the loan if the amount is around RM150k? anyone know?
*
I just complete my agreement for RM155K loan with ING. They have their own panel lawyers. I choose the one in Wisma SDB in Jln Ampang. Cost me about RM3800 shocking.gif because my agent told me only about RM3K.
vreis
post Jul 12 2007, 06:03 PM

Golden Past Red Future
******
Senior Member
1,658 posts

Joined: Jul 2006
From: Spion Kop
QUOTE(yewkhuay @ Jul 12 2007, 05:54 PM)
rm3800!!!? loan only 155K wor...u mind list down the itemised billing for the charges here? usually there will be some discount wor...
did my loan for 190K , only cost me about 3K. not with ING, Hong leong bank.
*
Their service charge is about RM 2000, other than that its quite standard. They give some discount verbally of about RM5xx but not received yet. I dunno whether its the Firm overcharge or its the same at all their panel.
vreis
post Jul 12 2007, 07:09 PM

Golden Past Red Future
******
Senior Member
1,658 posts

Joined: Jul 2006
From: Spion Kop
QUOTE(yewkhuay @ Jul 12 2007, 06:42 PM)
discount verbally n not direct discount from the bill? a bit weird here.... sweat.gif
*
Well Bank Negara or something disallowed law firm to give discount. So they have to give it discreetly wink.gif
vreis
post Jul 12 2007, 09:57 PM

Golden Past Red Future
******
Senior Member
1,658 posts

Joined: Jul 2006
From: Spion Kop
QUOTE(jong52yuara @ Jul 12 2007, 08:24 PM)
try ask at UOB? their rate is pretty low too if im not mistaken
*
As I mention, Its the same for all the bank as they will just match each other offers. One thing special about UOB is they have an option of fortnightly payment instead of monthly, this means that you pay less interest in the long run.
How do I know this, UOB offered me 80% loan only as its a subsale so I turn it down. Then the agent said the terms will be applicable for any banks eg. Alliance depending on your paperworks.

In the end I chose ING as I don't want any headache regarding BLR later. nod.gif
« Next Oldest · Property Talk · Next Newest »
 

Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0153sec    0.93    6 queries    GZIP Disabled
Time is now: 14th December 2025 - 03:48 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.