Hi all sifus,

First timer buying property.

I have a few questions here, hope you guys can help out:

My condo market value at most RM130k, but the seller renovated the house and selling at RM190k. As i know bank will only loan maximum another RM30k, which equal to total loan RM160K (correct me if i'm wrong). My monthly income now is Rm4k. Or is there any chances i can get a 'Zero Cost Moving in Loan'?

Another question is there a "renovation loan". I heard it's a personal loan which they bundle in the home loan.

I'm too new in these kind of banking and loans. I hope someone can help me with that.


Thanks a bunch!

Hi,

please pm me the best package for housing loan.

looking to loan rm190k for 25 years with lowest blr rate and no zmc. i'm buying a secondhand unit service apartment.

pm me the best package. thanks.

Hi,

Bankers from PBB, please PM me.

Property - Under Construction

Apartment Cost: RM231,800.00

Loan Amount: RM200k

Yrs Tenure: 30yrs

Prefer ZEC.

Hi guys! Will be pm-ing you shortly. Do check your inboxes!

Hope to get a reply from you soon.

Cheers!

Hi,

please pm me the best package for housing loan.

looking to loan rm170k for 20 years with lowest blr rate and no zmc. i'm buying a secondhand terrace house.

pm me the best package. thanks.

This post has been edited by yenn0208: Dec 14 2009, 12:28 PM

PM-ed

Banks always factor in the legal fees and stamping duty when they offer zero moving cost and zero entry cost.

hey watch out pls check again.. if banks value is low... then the property just worth that much.. ask the seller to reduce the price..

I heard there's no more Zero Moving In Cost loan... is it true?

Hi,

Appreciate if someone can PM me attractive loan package for

Property - Completed
Apartment Cost: RM335,000.00
Loan Amount: RM280k
Yrs Tenure: 30yrs
Prefer ZEC.

thanks!

Yea, i'm getting the valuer to check and then attack the seller. I think couple of buyers got rejected as well. Not easy for them to sell. But i do hope my loan aprroved as well la. Really like the house decor. My record was clean pray pray hard!!

Yes. Banks are supposed to remove ZEC and non-ZEC options. Actually, they just replace it with financed or non-financed so its the same anyway. You either pay the cost of fund or the banks finances it and pays for you.

PM-ed. Check your inbox =)

This is what a lot of bankers will TELL you. but not true. There are few banks that still offer ZEC. Look around and you will find! Don't be bullied into signing with one bank who tells you no ZEC in industry.


minolta

Hi,

I got two units of Austin Palazio studios in JB, property price (RM106,889, RM124,469)

Panel banks for this project is Public bank, RHB and Ambank.

Pls PM me loan package details,
1. Zero interest during construction?
2. ZEC?
3. MRTA?
4. BLR?
5. Early termination penalty?
6. Flexi?

Hi,

Some banks don't offer Zero Moving Cost/Free Moving Cost loan effective 01/11/2009.

As far as i know, HSBC, PBB still offers ZEC/FMC loan packages.

I'm also a mortgage officer. From what my CIMB friends shown me, CIMB don't offer ZEC/FMC anymore for sub-sales or re-finance. Under construction projects listed under the panel project may be offered ZEC/FMC package. They're giving Flexi-loan, interest based on daily rest.

Do drop me a PM if you need information on housing loans and other details on purchasing property.

same to pbb

call me if you are from penang..

0164968346 max

Hi Ah_Keng, I am public bank mortgage sales banker. I am serving the developer at Johor Bahru & Permas Jaya.

The developer is our panel. About your enquiries:

1) Yes
2) Yes
3) Optional
4) BLR-2%
5) 5years 3%
6) Yes

Please submit your loan application on this week to get Free Legal & stamp duty. Thank you

Document we requested from you:

1) IC & working permit ( if working in Singapore )
2) 3mths payslip
3) saving account / Fixed deposit receipt
4) IR8A form, Notice of Assessment
5) Booking receipt

---

Added on December 16, 2009, 6:35 amYesterday PBB come out a internal memo:

1) Subsale & refinancing strictly Non-Zero Cost & BLR-1.8%

For someone i talked to you about your refinancing can get Zero cost, I appologize to you that i cant get Zero cost for you anymore.

2) Purchase from developer previous rate( BLR-2.0~2.3% ) & Zero cost package still applicable if approved before 31st DEC 2009.

The loan taking a week to be approved. Please submit your document if you already booking the house for loan approval first. You can accept after 31st Dec 2009.

This post has been edited by Bon Lee: Dec 16 2009, 06:35 AM

HI,

Our Combined Monthly Income 9k
currently property loan from CIMB bank 330k (more then one years already)
just bought a new condo in BU around 485k
is there any problem to get another loan from CIMB bank or another bank?

You mean getting loan for the new condo in BU?
Do you have others loan on hand beside the CIMB 330k?
If you have no others loan, then yes, you still have chance to get the loan, provided your record is good enough too.\
Goodluck

Ya no other loan but one car loan which is 600 a month,

---

Added on December 18, 2009, 1:16 pmany loan with out lock in period ?

This post has been edited by sheakhu: Dec 18 2009, 01:16 PM

Hi,

Bankers from Anybank, please PM me.

Property - Under Construction

Condo Cost - RM181 188

Loan Amount: RM163k

Yrs Tenure: 40yrs

Prefer ZEC.

If u have a better package can PM me as well.