guys,
i got an offer from public bank for -2.4 for my first house (500k).
now planning to buy a second house.

Price ard RM170k. second hand.

which bank would u guys recommend? or i should refer back to public bank?

btw, i was told that the inst cannot exceed certain % of my income. Anyone got any idea how much of the salary?

-2.4!!

What are the T&C? You might want to read them properly

5yrs lock down period.
must buy MRTA fire insurance
can reduce principal with advance pymt with one month notice in advance to the counter.
legal fee not incl.
tink tat's all i guess. cos it's my first time so dun really know wat should i look into it.

Normally cannot exceed 40% of your salary

To all Property buyer,
Feel free to pm me if you interested to get MLTA or MRTA. Just Pm me your D.O.B, loan amount and tenure.
Better to compare before regret. No obligation, dont worry.

no 1 can advise me on this?

Let me give you a help.
When you getting loan from the bank, Bank will charge you some fee for the fire insurance. Or you may get it by yourself from others insurance company. Fire insurance is to cover the damage lost to your property like fire, flood and etc.

MLTA or MRTA is different, it's use to cover the loan amount that you own the bank. If somethings bad happened to you (borrower), MLTA or MRTA will cover the loan for you. So that your family can stay out from trouble service the loan installment. Some bank's loan package is compulsory to get the MRTA but some or not, so it's depend on the package you choose. If you want to know more pros and cons between MLTA or MRTA, just go refer back to this topic from beginning. Or you may just pm me. I can explain more for you.

If you like to get some quotation of MLTA or MRTA for your own, Pm me your D.O.B, loan amount and Tenure. Welcome to survey and compare, No obligation to buy.

Goodluck,
Onn

Even though its a NZEC package, -2.4 is a pretty good deal! Congrats, your banker must have negotiated very hard for you..

wat is ZEC, ZMC and margin mean?

Hi, I have purchased a 2nd hand d/s terrace. Please pm me loan packages with complete details. Thanks!

Property price: 365k
D/payment: 10%
loan amount: 328500
type: d/storey, 2nd hand unit
blr - 1.8 and above
loan tenure 30 years above

This loan was applied and approved last year right?

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Added on March 13, 2010, 1:10 amZEC is Zero Entry Cost, ZMC is Zero Moving Cost

Margin/Margin of Finance (MOF)/Loan to Value(LTV) means the percentage of the loan vs the price/valuation

Regards,

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Added on March 13, 2010, 1:11 amJust PM'ed you =)

Regards,

This post has been edited by R o Y: Mar 13 2010, 01:11 AM

BNM up rates by 0.25%. Expect increase 1% this year. AIA Mortgage save at 4.99% FIXED. PM me up if interested, i will explains in more details.

From The Star Property:

Mar 11, 2010
Experts' opinion: Impact of BLR on the rise

http://starproperty.my/PropertyGuide/Finance/2911/0/0

Hi, I have purchased a newly buited d/s terrace. Please pm me loan packages with complete details. Thanks!

Property price: 388k
D/payment: 15%
type: d/storey
blr - 1.8 and above
loan tenure 30 years above

hi, please advise the following:

Property price: 458k
D/payment: 10%
loan amount: 400k
type: d/storey super link
blr - 1.8 and above, ZEC.
Prefer 1st-3rd year with low interest, 3 years lock in.
loan tenure 30 years

I am looking for Mortgage Agent to help me with my financing for my coming possible property purchase.

1. Purchase Price: RM145,000
2. Type: 916sqf condominium, 10th floor, basic unit.
3. Location: (will disclose in PM)
4. Loan Tenure: Looking for up to 40 years, I am 23y.o., RM2,500 monthly income.
5. Loan Requirement: Full Flexi, best rate, up to 40 years loan, legal fees included, low current account maintainance fees,

My property agent tells me the valuation for the unit can go up to RM170,000.
I am looking at maximum financing (even beyond purchase price), will disclosed the property details in PM.

PM me.

Public bank will rebounce this month as our management target to achieve 16% growth on mortgage and commercial loan. Starting from this month you may get the best loan package you cant ever find in the market.

The best package i recommend is our Homeplan 6. The interest rate is first 3years fixed 3.75% & thereafter BLR-1.8%. The lock in period is only 3years. Hence, you can be no doubt on the BLR boosting up this 3years. News are expecting that BLR going to increase as precrisis rate 6.5%-6.75%. After 3years, you can revise the rate or refinance proportionally to the market offer.

Secondly, for shop house's investor, we got good news for you. We come out our new package, Shopsave, which got a linked current accout to your shop loan. The interest will calculated as the outstanding of shop loan balance minus the current account balance. You can used it as your Overdraft but the interest rate is lower than OD, ie BLR-1.4%. Interest is calculated daily, maintainance fee RM10/mth and account set up fee is RM200.

Lastly, we got an Ace card. If you got the offer from any bank which offer zero cost & BLR-2~2,1%, we can counter offer with zero cost and even lower interest rate than them! Please ready to submit your loan application to us and find out the best rate in the town.

this is good...might become the choice of many borrowers after this..bravo

For Homeplan 6, got minimum Loan amount? Isit a flexi or term loan?

i just meet this guy....in 10 minit he oredi arrived at my home.....in kg pasir.JB

oredi submit document and waiting his approval....but of course with his attractive home loan pakcge laaa......