Thanks for your reply, I m jz surveying to get some idea now.
How about the rate?
I m more interested on bearing legal fee myself..
is the loan payment daily rest or...?

Dear All,

Yes, we all agree that surveying best rate offered by financial institutions is a smart way to save money especially when talking about property loan. It will not only reduce your monthly payment amount, it is also reduce the interest that you pay for the said property.

But, how many of us actually aware that different banks have different requirements and criteria in evaluating their potential clients? E.g. percentage of client monthly commitment over earning, CCRIS and CTOS records, etc. It is best to learn this or get your mortgage consultant helps to explain further this matter before making any commitment. Great to know that this service also available at zero cost!

Hi to all home buyer:
I think the loan tenure is important when you determines which type of home loan to take. When the loan tenure is short, a floating rate may be a wiser choice as it should save your interest expenses if compared to a fixed rate. However, if the loan tenure is long, I think it's safer to take a fixed rate instead of a floating rate. No one can predict how high the BLR can go in future. So in long term isn't it wiser to avoid such risk?
Of course, if you believe that the BLR will stay low most of the time during your loan period you can still go for a floating rate. There's no right or wrong. Just whether you think it's worth to take the risk of BLR when a floating rate is around 1.5% lower than a fixed rate at present.
No matter you're looking for a floating rate or a fixed rate I'll be able to help you. I can help you to apply for the lowest fixed rate home loan in the market. If you're looking for a flexi home loan package, I can introduce the bankers from most of the banks to you as well.
Anything you want to ask me you can feel free to drop a message to cheahyang_0@hotmail.com and I'll be glad to help you. Thanks!

Hi, I was just told by some of my friends that banks are no longer allowed to offer zero-entry loan by BNM with immediate effect. Any truth to this? Thks

Hi, I have bought a house.

House type: double storey terrace
Location: Batu Pahat, johor
Price: RM 255k
Loan amount: Max can up to how much?

Could any 1 suggest me what load package is suitable for me? Agent is welcomed to PM me also...10x ya

Hi

I`m planning to REFINANCE my house.
any 1 can suggest me which package is the best currently.????

Property : Single Terrace House (18x70)
Location : Taman Selasih Fasa 1, Batu caves , Selangor
Currently Loan : Citibank Berhad ( Left RM110K)
Market Value : RM 180 K

Free to PM me.
but my name is BLACKLISTED.CTOS.

How about ccris? If only CTOS blacklisted then you still can refinance with some bank that didn't look at CTOS like HSBC. If CCRIS also not nice, then i think your chance will be very hard. Goodluck.

If you wanna try with HSBC, just pm me

i have car loan,housing loan, NO credit card, personal loan..

all pay Promptly....

any special housing loan for government staff? not the gov loan

Then should be no problem. As some bank didn't look at CTOS record when applying loan.

I'm in the midst of finding the best offer to refinance my house.
Too many banks and I don't have the time to go hunting.

Agents out there, do PM me for the details. I'm looking for Islamic financing.
Thanks

Hi remysix. I've dropped a message into your inbox. Looking forward to your reply.

HLB still have zero cost? Are your sure? What's the requirement or only for new project?

Mortgage loan with 1st yrs 12% interest rate? who going to apply?
every year 6.5% interest rate and additional 5.5 % interest rate <--- what is this about? interest you charge to me or interest you pay to me?

when interest rate go up, refinance.

Thank to asura86 & dunknwy for replying my message...

So if i want to Refinance my house, what the document have to prepare??

Letter Offer
latest bank loan statement
3months payslip
latest 3month bank account statement (your saving acc or company acc)
income tax
latest EPF statement
Business Registration (if have)
Any income doc that can support (if have)

Guaranteed returns on FD or based on history estimation? How issit you save rm358 when most banks are also 5.55-1.80?

This post has been edited by gunn3rs: Jan 13 2010, 02:09 PM

Any banker here, any of your bank can refinance a property that is without CF? The client brought a piece of land last time and build a double story property with office on the land. The client manage rent out 2 unit at RM900 each and also able to get the license (Perindustrian) to do business on the property too. It's located at PJ, Kampung Cempaka.

That's the idea I think a lot of agents misleading their clients. First, refinance involve charges, this increases the expenses for your loan. Second, use your logical thinking, when the floating rate goes up, will you still be able to get a fixed rate at 4.85%p.a? You can refinance but whether it can save your interest expenses, it's unknown. Unless you tell me you got enough money to settle the loan when the time has come, then it's a different story.

Just back from appointment with HSBC Amanah mortgage consultant. I think they have the best rate for Islamic package with free moving cost. The only bank that offer free moving cost. For 1st year its up to BLR-2.05% (3.45%)