i want to refinance too...previously a friend from PBB say can get BLR-2.4 but eventually say one of my cars not well paid so oni can get -1.8. wats the point since i'm now -1.75 from CIMB, refinance need to pay penalty somemore lei...

current loan balance: 18x,xxx (1 yr old only)
current installment: 8xx/mth (previously 1,xxx before blr drop)
other commitment: 1 car got few installment left only, now paying 500, another car few more years to go paying 840

is it advisable to refinance? can pls PM me? thanks!

1)sXb offer me full flexi blr-2.4 30year , need pay month RM10 for acc maintainence fees
2)AllXance offer me full flexi, 1st year fix 3%, thereafter only blr- 2.05 but waive  month RM10 for acc maintainence fees
which 1 better?

Latest of the latest offer i received, should be the last offer:-

New house under construction, property value = RM350,000
Loan 90%
ZMC
30 Years

PPB offer -> BLR - 2.1, waived penalty of my existing PPB housing loan (around RM3800)
SCB offer -> BLR - 2.51 first two years, then BLR - 2.31 the rest

Both flexi, RM10 per month charges, MRTA.

All sifu, which offer should i accept?

Kindly advise.

Thanks.

aiyo.... headache..... difficult to choose.....

i heard new condition from scb, if we put in 70% extra money in the current account for 30days, then will kena extra 1% interest rate.....

confusing...... 

pbb or scb..... 

I'd always thought that the interest rates for home loans was above BLR.

I would like to know from those who have applied for loans, the rates thrown about in this thread e.g. BLR - 2%, BLR - 1.5%, will this rate be the same for the duration of the loan or will this rate below BLR be only for the first few years??

Hi all sifu,

If loan amount (about 3 years ago) = RM150,000
Outstanding = RM100,000

In agreement, stated that the penalty = 3% of the outstanding balance according to the original schedule of month repayment.

My penalty cost should be RM4500 or RM3000 or RMxxxx ??

Thanks in advanced.

Hi all,

Im currently looking to purchase a property in KL area.My salary is below 3.5K and if joined with my Gf income RM2.5K totals to RM6k.

I have a car installment RM473 expiring on 2011 and term loan of RM200 which is to be completed on June 2010.

Can any Sifu out there advice me on the maximum (RM) amount of loan i can take for 30 years period and which loan package would be more beneficial for me? Preferably the monthly not more then 1K for now until i complete pay off my car loan on 2011. then i can pump in more up to RM1.5K

At the present moment i have HSBC,Standard Charted,MBSB,OCBC and Public Bank in mind. I would prefer a loan package that is flexible. Inclusive of MRTA & ZEC.

My plan would be using my EFP for the Deposit and the rest on loan.

HI there,

I am working in Singapore, so can I apply using my Singapore payslip?

Planning to get a property worth 240k, will be taking a 85% loan. May I know if the legal fee, stamp duty will be covered by the loan or separately as cash? AT the moment, the BLR stands at 5.55% and would appreciate if anyone could quote me a better deal.

Thanks.

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?

I enquired at CIMB bank just now, the officer mentioned that ZMC is no longer available, is it true?

But other banks do have them..

AMbank and PBB do have them..

wahhh really boh weikian... free lunch?

And what will that be? 
As per in investment-linked insurance product?

Mind to tell more?

very similar to MRTA.
just name difference nia lo

MRTA = mortage Reducing Term Assurance
MLTA = mortage Life Time Assurance

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.

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

all pay Promptly....

Hey, y dun u try this, if u r interested to know more abt it, i can make appointment to meet u up straight away

With Hong Leong Mortgage Plus, you can refinance with zero cost

Benefits of refinacing
-Lower the instalment payment
-shorten mortgage term
-save on interest
-cash in hand
-1st year 12% interest rate
-every year 6.5% interest rate and additional 5.5 % interest rate if customer did not withdraw the money within that particular year

For example:( Based on property value of RM300K)

current housing loan monthly repayment is RM 1907
With Hong Leong Mortgage Plus, monthly repayment is RM 1549

Mortgage Plus help you to save (in general term):

RM1907 minus RM 1549= RM 358 (every month)
RM 358 x 12 month=RM 4296 (every year)
RM4296 x 25 years= RM 107,400 (whole loan tenure)

In conclusion, u hv saved up to RM358 each month, RM 4296 every year, and RM 107,400 of the whole loan tenure

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

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

r u talking abt refinancing or wat, well, there is no return for this refinancing plan, the guaranteed return is for FD not this property refinancing plan, so u wanna to refinance ur housing loan, sir?? due to   BLR for 5 yrs ago r 6.25%. so definitely u can save rm358 while  current BLR is 5.55%- 1.8%  there will be more explaination on it if i could make an appointment with u...wat do u think, mr gunners

And if u oso want to talking abt the FD plan as well, the return is definitely guaranteed, and our bank Hong Leong is going to close it end of this month, betta hurry up

this is the FD plan,

This is a NEW STRUCTURED FIXED DEPOSIT ACCOUNT

We offer First Year interest rate at 12%

Overall calculated interest rate is 6.5%

Additional 5.5% interest on accumulated Cash Payment
*normal bank FD is just 2.5%

One time payment or Six times payment
(then you can enjoy interest and benefit up to 35 year)

For customer who deposit RM4000 and above, we'll free TRAVEL PACKAGE to you
(To SHANGHAI/BEIJING/GUILIN) (5 Day 4 Night)

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%)

man..its me again...asking silly questions..

I bought a house using RHB housing loan in 2001, now refinance to HSBC.

But what abt my MRTA?....my previous loan with RHB oledi have MRTA...do I need to another MRTA ($$) for my new loan with HSBC?

If can transfer, how to do it?...I googled for MRTA site and cannot find or contact person.

I did ask some ppl and different response, some say must get new one, some say can transfer...

Help!