hi prody,

Thanks for the advice.
Yea, now waiting for Bank 3 reply. Hope they can keep their words..even though a bit unlikely..

1st 3 yrs fixed shud be no prob, after that might not be able to get -2.3
depends on ur luck oso

Hi alex,

that's the one that makes the difference.
If compare first 3 years,OCBC is much better..hehe

yea, i'm going to take BLR -2.3 whole tenure
can't find fixed rate for 3 yrs and then remaining can get -2.3

do update us ur result

Once I get the offer letter,will update here.
Don't really trust the loan officer till I see in black n White

just wondering.... does OCBC have full flexi?

Our government is proposing to limit a loan margin of up to 80% for third property onwards. Even though it is still not official yet, I guess all the banks will receive instruction from BNM very soon. Fortunately I have just received offer letters from 3 different banks for a loan amount of nearly RM1mil with a margin of 90%.

This will be the fourth property registered under my name. So far the best offer I have received is BLR-2.3% for a tenure of 35 years and lock in period of 3 years. I opt for semi-flexi loan package as I do not want to pay the monthly account maintenance fee. As my loan amount is not very big, any chance to get BLR-2.4% or -2.5% with 3-year lock in or even without lock in period?

i think yes.

Try Standard Chartered... they are very agressive now with their home loan package. My loan on 2009 was BLR-2.4% but of course I have lock in period of 5 years.

u've any agent to recommend?

Hi, I'm new to this conversation ...

Can I know what is FULL FLEXI ?

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Added on September 23, 2010, 12:40 amHi, Can i know what banks u get the offer ??

This post has been edited by frenfren: Sep 23 2010, 12:40 AM

and they hv a 48 hours approval campaign now

If you had see my previous post on rates, you won't have doubt. If your loan size is above 1 mill, I can help to deviate to a rate better than -2.4%. But if yours is just below 1mill loan size, you go which bank also blr-2.3% is the maximum, unless you're one of their priority banking customer. Standard chartered is aggressive, but now their underwriter will not allow appeal rates because of existing cash back promo given.

And for OCBC, as I remember only got semi flexi. No full flexi.

Interested to know more about standard chartered plan..what is the cash back all about?

anyone can share?

I do not opt for SCB flexi loan package as it comes with maintenance fee of RM10 per month.


Semi flexi loan from OCBC, UOB and HSBC.

hows the package offered by OCBC, UOB and HSBC ?

hmm i tot most of the banks need to pay maintenance fees?

OCBC offer flexi -2.3 and no monthly maintenance fees. but they din provide u current account, cheque and ATM. in case u wan withdraw u must go to bank.

i tot uob and hsbc are full flexi?

that's semi flexi

if you want the flexibility - pay RM 10

otherwise, get semi-flexi!