Based on my first home buying experience recently, only MBB,RHB and CIMB have first home scheme. Not sure about others. I got RHB and still awaiting RHB and MBB for the offers.
House loan scheme for first time home buyer
House loan scheme for first time home buyer
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Jun 5 2022, 09:37 PM
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#1
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Probation
11 posts Joined: Sep 2021 |
Based on my first home buying experience recently, only MBB,RHB and CIMB have first home scheme. Not sure about others. I got RHB and still awaiting RHB and MBB for the offers.
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Jun 6 2022, 02:15 AM
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#2
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Probation
11 posts Joined: Sep 2021 |
QUOTE(lukejey @ Jun 5 2022, 10:51 PM) Hi bro. You took my first home scheme for property value up to 500k and up to 105%? Yep, i'm currently applying for My First Home Scheme however i only took 100%. The interest rate RHB offered to me is 3.2 for a 450k sub-sale property. It took me around 4 days (Including weekends) for RHB to offer me.Do you mind sharing what's the interest rate like and how much percent you applied and approved? Does it take long for rhb to offer you? I am still researching and MOT is still exempted is that right? Thanks for sharing. 😁🙏 For MOT, yep it's exempted for first time buyers of property below 500k lukejey liked this post
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Jun 6 2022, 06:47 PM
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#3
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Probation
11 posts Joined: Sep 2021 |
QUOTE(lukejey @ Jun 6 2022, 06:38 PM) That's pretty quick! Hopefully it's the same here in Ipoh when I apply. Well, still the classic approach where you pay 3% for the booking fees and another 7% after signing the SNP agreement. If you are taking 100% loan, you will get back your 10% from the Vendor's lawyer when the bank releases the fund to the vendor.What about booking fees tho? Did you approach the bank before confirming with the owner for the purchase? Or did you paid the booking fees first? Or the owner is actually willing to do it without booking fees and wait for the full loan approved? |
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