Yesterday I took asb loan for 100k and I asked them whether can split the certificate to 5 cert (20k each) just like u said, and they said can split but your dividen is based on per cert not the amount of loan u applied...which mean I get dividen from each 20k cert not from 100k...

anyone can verify this further as the maybank staff that I inquiry from seem not that knowledgeable about this...

Thanks

your friend is very good in this   

I've already taken a loan for 200k. About 5 months edy, can i still request to split my cert to 100k to 100k?

can u share more other techniques pls ?

chinese muslim can apply

Who are the minority group?
Minority Group is a group of people that is allowed by Prime Minister of Malaysia to invest in all ASNB Unit Trust schemes, which is:

Siamese

Portuguese

Convert / Malaysian Muslim (Non-Bumi)

Note : However they are still non-bumiputera hence, for ASW 2020, they are classified under non-bumiputera quota.

well it's better to know 3 years late than never know at all of your life 

Mister Navink. can u help me with some issues. i already pm u    

Thank you sifu navink :S

i heard it will be on 17th nov...visit ur nearest maybank...heard the offer is quite good..blr-2%...

currently, ive LASB 280k( mixed loan between maybank and islamic, 3 cert total)...all my cash have been transferred to my daughter...max can only invest 50k(akaun remaja)

my wife also have maxed LASB 200k cimb...

look forward for LASB2

Hi guys.. I actually think I've screwed out something. Here's the story,

- Actually though to buy a house from someone as the price is very2 attractive in a hot area. If get, net passive income would be a little below RM1000. No need any cuci2 or improvement. Just buy and sambung sewa.
- Went to BIMB, can’t get loan as my salary is <2000
- went to CIMB, actually can get loan, but the person introduce me to the ASB financing. After hear everything, I kind of interested..
- Next day, went again to take the ASB instead of the house.. 100k (Several reasons, the house was told might be undervalued by bank.. so I need 20k downpayment.. Also, if value is ok, I still have problem with downpayment..)
- ASB loan starts November, now I’m actually regretting as I actually can try discuss with an uncle of mine to help me finance the house.. (House still available)
- So, now, say I want to cancel the CIMB ASB loan as I know it has no lock in period. I calculated that if I close the ASB loan after dividend was given early next year, I’m not loss too much (actually, I’m not sure, I think based on my calculation I get a little around RM90 profit )

Any opinions from fellow forumer? I’m really regret this thing, and can’t really concentrate on my job now. Haha..

oh. forgot about that.. yeah.. I actually have other insurance..

eventhough the 2 months previously is actually have no problems?

Well then, I think, I'll risk the effect on CTOS and CCRIS.. I can try improve my financial stability before applying another loan then to gain their trust.. You are right, I actually want the hosing loan that time because of the increment of the rental per year, compared to other loan (That time, bank even asked me to buy car first. watdeheck because they said I don't have any loan commitment for them to see )
Now, ASB actually 566.. If I got the house, monthly should be around RM900. But currently, the rental of the house for me to continue renting is RM2k. But the person that wanted to sell me the house told me, the house might be undervalued to bank valuer.. hence, if want to buy the house according to value of the seller, she wants me to pay a little more for the dp.. not sure this is legit or not

maybank BLR-2.. go grab them! 

Just a gentle reminder to you lots that if you are planning to buy a house withing 2 years, refrain from getting the ASB loan.

The ASB loan will be recorded in your CCRIS as are other loans, and it will be calculated as part of your personal commitments. As such, for most people it is either buying a house with a loan or buying 200k ASB units with a loan, however, you cannot LIVE in the ASB can you? ANd you still need a house and you will continue renting.

I'm honestly tired of seeing clients who couldn't make it for their mortgage due to their ignorance on this little fact. ASB loan agents like we have in this thread will only talk about profits/returns and interest rates but never really care about your financial security as a whole.

You could, but you would already have paid the insurances and in the event of not realizing the LASB getting in the way of your mortgage application, by the time I come back with the results of the failed mortgage application, the client would be left with little time to terminate the LASB and come back to me with the letter. Keep in mind that after paying the booking fees, the client would have 2 working weeks (3 calendar weeks plus minus) of paying the rest of the 0% deposit. Time matters and if you do not know about this it will stress you up.

During the mortgage application interview I would always as if they had an ASB loan, and if they do I would include the commitment and they will usually turn out to be getting in the way of the mortgage application. And most of the time they would express their disappointment of their "bankers" for not highlighting this little fact.

So I am doing that now. I doubt most people know about it due to the amount of cases that I am getting and the ceaselessness of these young people. I dont blame them though, I blame the LASB agents who are too aggressive thus and thus overlooking these important points.

As for 2 years, I mentioned that because most banks would consider your dividend from ASB only after 2 years, and this dividend can be used to cancel out the commitment generated by LASB

You are correct, but as the person who see young people everyday to interview them for their loan application, it's disheartening to see that not many of them are aware of the pitfalls of an ASB loan. They never realized that it would get in the way of their loan applications. As such I posted here for their very own awareness because I am sure many of them are scouring this thread.

my bad data, it should be BLR-1.7..

regarding the affluent customer, can i request to revise my BLR if i already took LASB about 2 yrs ago? i think im qualify..