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?