Hi! I plan to take a housing loan of 800k. May I know which bank offers the best interest rate for flexi morgage plus? Any other charges or conditions?

Anyone can shed me some light?

Launching - 28th Aug 2010 (I'll touch Msia land 9th Sept but my fiance will do the down payment on behalf of me as booking; 10k)

My house to buy detail is:

Type: Terrace Corner Lot
Location: Bandar Bukit Raja - Klang
Price: RM~800k
Spec: I think it will take 2-3 years to complete
Plan: 95% Finance with good BLR rate for first 3 years; ZEC

I need to know, which bank tagging with Sime Darby this time for conventional loan and what's the best rate can provide!

ASAP! If you need my contact, pm me.

To add up the story, I'm employed overseas, and therefore I don't have much to show up except of my good clearance for CC, Debt whatsoever.

Also what things I need to provide to bank to prove my income - Salary offer letter, and etc???

This post has been edited by ed1torz: Aug 22 2010, 12:32 AM

What is the remaining amount is much less than the property value?

Lesser but you still own the bank right? The bank wouldn't care how much you is your balance, as long no one serve the repayment, bank will take action such as lawyer letter (each letter will be charge to you when you do settlement!) and if still no action from borrower side, bank will lelong the house and use the money to settle your loan. If there is balance after lelong your house, it will be refund back to your nomination or beneficial.

Conclusion, if you have no MRTA or MLTA or life insurance or cash (from your family) to settle/service the loan when you are in the heaven, bank will sell your house to cover the loan. You may read your loan agreement for more detail about it.

Any taker for my case?

Dear agents,

Pls help quote housing rate for :

Cost : RM500k
Tenure : 30y
Location : K.Kemuning, F/H
Preferance :
- FULL flexi
- with MRTA
- legal
- 90% (+5%)
- NO hidden cost



Pls provide proposal

any cimb banker here?

I got a loan for 150k but the property only have cimb as panel.
please offer me a rate.

the developer told me I can get BLR-1.8 only.

What project is this?

Hi..
I'm have paid deposit for my house and I would like to find mortager.
Any mortgager pls pm me.

My house is second hand house. Price is Rm 140k.

would like to find mortgager to know more details.

Thank you.

u can try to apply all the bank 1st then choose which 1 give u the better offer..

hello guys, just need some help on the calculation.. let say


1-3 yrs = 4.4%
Thereafter = BLR - 2.1%
Lock up period is 3yrs
Max. margin is 90% + 5% (MRTA)
Property price = RM500k



Here are my questions.

1. MRTA for 100% coverage on 450k is RM15k per person. if the loan is taken by 2 person and i want to both to have 100% coverage, then the MRTA is RM15k x 2 = RM30k. Am i correct on this? is it advisable to have 100% on both parties?

2. base on the above figures on the max margin. Max margin 5% (MRTA) refers to 30k x 5% = RM1.5k(this is the max amount u can add to your housing loan)? or i can actually ad the whole lump sum 30k to the 410k ending up 440k as the full loan figure?

1) About the rate, i think i can get better for you, BLR-2.2 at least for your loan amount.

2) For MRTA, the 5% margin is base on the property value. So if the value is RM500k, 5% mean RM25k to be finance into loan for MRTA. Or maybe you can consider MLTA if you interested. You may pm me if you need MRTA/MLTA quotation.

Regards,
Onn

I have a friend who is purchasing a condo at Jalan Ipoh for RM 185K. Whats the best loan deal he can get? OCBC?

hello guys,
i want to purchase a 2nd hand house.
cost: 378k
loan: 90%
loan tenure: 40 years
location: Putra Permai, Seri Kembangan
salary: 3k

1. can i get the loan based on the above detail? or i need to add another co-borrower?

2. which bank offer best interest rate for flexi mortgage?

any banker can quote for me.

Everything seems to be fine. But however base on your salary also got to see how high is your commitment do define if you need co-borrower. So far for flexi I can get for a comparison of STC, Uob, and RHB as well. On loan tenure wise, it will be loan up to 65 years old max. See how old you are now. I'm a mortgage broker. Send you a PM of my contact. Interested can contact me.

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Added on August 24, 2010, 9:26 pm185k can get ocbc blr - 2.2% whole tenure. Hard to proceed BLR - 2.3% as not above 200k. interested can drop me your friends contact in PM.

This post has been edited by wilz: Aug 24 2010, 09:26 PM

r u sure max is 65? some banks have quoted me until 70 years old and one even 75 years old.

Hi,

OCBC can offer:

BLR - 2.3%
Tenure: up to age 70 years old
Loan up to 100%
NO HIDDEEN COST

Proposal only can provide upon meet up..

Kindly contact ALan @ 016 5988 379

Thank you

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Added on August 25, 2010, 12:33 amOCBC can offer better ...

Easily can get BLR - 2.3%

1) MRTA is depend on age and coverage period. So depend on individual.

2) MRTA can be financed into ur loan amount on top of 90% .

KIndly contact ALan @ 016 5988 379

This post has been edited by AlanPang: Aug 25 2010, 12:33 AM

anyone can quote me BLR-2.3 for newly launched completed property at ttdi alam impian?

am looking for loan for around RM180k - 200k. best rate so far is from UOB with BLR -2.2 whole tenure with free valuation. can anyone offer me a better rate/deal?

thats excellent. think i'll try to approach UOB bank. any UOB officers here?