nope. dont need to chase. if all documents is given, all credit ratings is good, everything tally, you should get an offer within 1 week.

for me -
UOB - took about 4 to 5 days
Public - took 6 days

wow!! -2.5%
care to elaborate the T&C...tks
anyone else heard of this..

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Added on July 21, 2009, 11:13 pmoh yes typo error.thanks

This post has been edited by ^chalaza^: Jul 21 2009, 11:13 PM

Any payment made 7 days before due date, the system will automatically capture it as principal payment for the loans with redraw facility.

ex: Your due date is 20 July 2009.

Payment made before 14 July 2009 is consider prepayment, on 20 July 2009 you still need to pay the installment.

On the other hand, if you pay more for your monthly installment, the extra payment will deduct your principal.

ex : Installment : RM1500, Payment : RM2000

Extra RM500 will go to principal and at the same time save interest as the interest is calculated based on your daily outstanding.

I believe you can write in to the bank to let them know if your payment is to regular installment or
capital pre-payment... if you're paying before due date



www.shchoy.com


This post has been edited by shchoy: Jul 22 2009, 08:22 AM

Home Loan Amt Require = 90% of 230k
Status = Completed, Non-Landed
Loan Tenure = 30 years
Feature = Zero Cost, Full Flexi

PM me the offer... Thanks

This post has been edited by noed18: Jul 24 2009, 10:01 AM

Brother. it is not -2.5
It is fixed 2.5 first year

RM200? must be SCB.

i wanted to try ocbc but decided to skip them when they awanted to charge me 1200 for valuation. Their rate not the best. you can get -2.3% whole tenure from public. Public no need valuation but they do charge 50 for site visit which to me is excessive as well. They only need to come and take a picture thats it and i am just across the street from them

144k only also can get -2.3 from pbb....other banker eat shits den =.=

We need to check the facilities / features of the loan as well.
Interest rate doesn't tell the whole story.

Factors like Free Legal or Zero Entry plays a huge part in the interest rates.


www.shchoy.com


This post has been edited by shchoy: Jul 26 2009, 11:09 AM

For loan amount of RM 144k you can get B-2.3 for public bank??
Hmmm.....
Unless u r a grade A customer i presume

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Added on July 26, 2009, 12:17 pmHong Leong also got charge 200. Alliance didnt charge for their flexi package.

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Added on July 26, 2009, 12:22 pmare u talking about IdealMortgage
They use MLR instead of BLR
MLR is 4.7 right now


This post has been edited by jansen_chua86: Jul 26 2009, 12:22 PM

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Added on July 26, 2009, 12:17 pm
Hong Leong also got charge 200. Alliance didnt charge for their flexi package.

nope...they still charge the setup fee RM200......the monthly RM10 waived

cimb islamic no charge.

after sign letter of offer? what next?

wait for the lawyer call to sign loan document.

I have a question, say my 1st hse used EPF Acct 2 to withdraw ady more than 10 yrs now. Current on TL with mthly repayment of RM750++ with balance princpal abt RM90K.

Now i'm planning to buy a 2nd home but i can't sell the 1st hse (huge investment mistake!). My wife can withdraw from her EPF Acct2 but new hse is RM400K. I dun wan touch my saving for the reno yet at the same time wans to reno the new hse come 6/2011.

What are yr thoughts on this:
Option1
Withdraw from my Acct 2 in EPF and used RM60k to reduce 1st hse principal and then refinance the hse and used the 60k to renovate new hse. Is this possible? DO i need to change bank?
Option 2
Alternatively used 60K from EPF to pay the mthly repayment which i'll be using the mthly savinbg of RM750 to renovate the hse when the time is due incl maybe take some small personal loan?

This post has been edited by Scissorshand: Jul 27 2009, 09:38 PM

You cant withdraw Acct 2 to buy another house if you are currently still holding/own the first house.

after sign letter of offer, how long do I need to wait for the Loan Agreement to be ready?

do I need to call the lawyer, or just let the lawyer do it slowly.?

Is the Alliance Islamic Home Loan apply to Penang Property?

Because i call to 2 Alliance Branch in Penang and the rate they provide is not nice at all.

I just got BLR-2 for first five years and BLR-2.5 subsequent from Standard Chartered.