Hi All,

I am looking for a housing loan . Would prefer the items as below:

- Property price RM355,155
- MOF 90%
- Prefer Flexi, but will also consider others.
- Tenure 30-35 years. (max)
- ZEC

I'm a 1st time buyer. Dont know much about property, please advice your best rate. Thanks.

Pls pm me soon. Thanks.

Hi guys, need your help/advice.

Now, I have few offers on my table that i need to choose. I don't know which one is better.

The Property value is : $355155 (Under Con Property)

Bank H
MOF : 90%
1st Year : BLR - 2.1 (from the date of 1st drawndown)
2nd - 5th Year : BLR - 1.7
After : BLR - 1.9
No MRTA
Tenure: 35 years
Lock in period : 7 years (from the date of 1st drawndown)
Flexi (RM 10 maintenance fee monthly, RM 8 for ATM and ChequeBook yearly)

Bank P
MOF : 90%
BLR - 2 throughout tenure.
MRTA : 20 years
Tenure : 40 years
Lock in period : 5 years (from after construction has completed)
* Have not prepare the LO for me yet.

Bank M
MOF : 90%
BLR - 2 throughout tenure.
MRTA : 37 years
Tenure : 35 years
Lock in period : 5 years (from after construction has completed)
* Fully Islamic product
** I' dont know how they calculate, but I need to pay about 90% of full installment amount for 1st 2 years starting from 1st drawndown

Bank A
MOF : 90%
1 - 3 year : BLR - 2
After : BLR - 1.9 throughout tenure
MRTA : 37 years
Tenure : 45 years
Lock in period : 5 years (from after construction has completed)
* Islamic product
** Cheapest installment bcoz of the tenure period. But 45 years for tenure is ridiculous right? what do you think?

Bank X
BLR - 1.8
35 years
bla bla bla (i really don't very clear with their offer, keep promising me to prepare the LO, but until today still no answer, need to call and ask everyday, i really2 tired of this bank)

So, what do you guys think? Which one is the best? I have until the end of today to give my answer, otherwise, I will lose offer from Bank H. (that's what the banker said). Bank P ask me to wait until monday for the LO to be prepared. Sigh
Bank X? (i fedup already waiting for them)

Please help me decide guys.. i am in the middle of big crossroads.. appreciate your help. Thanks