WOW ... sure or not 90k loan can get -2% all the way?

May i know which bank ?

Standard chartered bank is start from the date of Letter Offer...As i know others bank almost is start from 1st dibursement...  but maybank is start from full dibursement

first disbursement, which normally will be the MRTA
Erm... some stupid disbursement fee.
Cancellation of facility fee
Validity past but facility not used, any fees?
Early settlement fee
Any service charges
How extra prepayment are made. Any written notice needed etc...
Processing fee
Current account charges etc (cheque book blablabla)
[/b]LATE PAYMENT FEES , RM5 or RM10 for how many days... after certain days it will be based on the interest charged per day... if you wanna be a arse... ask the banker to calculate it for you[/b]

Ai.. can't remember any more charges or fee la.....
Only remember late payment, redraw and early settlement.. since that is what my bank usually charge only....

Yes and no lo...
since we still need to topup the bank account. Mana tau biler lupa topup ... tarak duit dalam

Yo? Sure?
Hmm... reallllly?
Hmm....

Was told that someone got BLR -2.5% yo.. for a measly 600k property...

How much you had loan?

he has finally narrowed down to 2 banks, and you people are suggesting more banks. i tell you....

unfortunately, none of us have a crystal ball to tell if blr is going up or down. i was paying 6.15% for my AIA loan for quite some time, which worked out to a good rm250 per month extra, and was extremely pissed off about it. but now i am glad i have at least 1 loan that is certain. if blr does go up, then i pay up my other loans faster, and keep the aia one there to enjoy the hopefully then low rates.

You quoted recently as per posts below that you managed to secure a Home Loan deal with Maybank from as low as BLR-2.3% throughout whole tenure. Was it a deal given on the spot or did you had to really negotiate further for it?

I am planning to secure my very first Home Loan with Maybank at the given advertised rate of 1st year 2.88% then BLR-2.2% throughout whole tenure at the moment.

I did asked about negotiating it higher to BLR -2.3%, since its quite a pricey 385K loan, however the banker insisted that unless I can actually present an offer letter from another bank with better rates to match up to them, they can only stick to BLR-2.2% for now.

To me, since this is going to be a 40 year loan tenure, even the slightest 0.1% makes a whole lot difference in the long run.

I would really like to seek your kind advise on this since you were lucky enough to secure such a good deal with them. Would you be able to introduce the banker who provided the package to you?

Any help/ideas would be much appreciated as I would need to sign my SNP by this weekend

Hi muscaa,
I'm planning to buy my first house in Puchong. The developer indeed have their own panel bank list, however after doing some research and comparisons, Maybank seems to be offering the most attractive rates so far with NZEC Package 1st year 2.88% and then whole tenure BLR-2.2% which is similiar to your package but you manage to get better BLR-2.3% as mentioned. At this point, covering the legal fees on my own is not an issue.

My OCBC ZEC Loan has already been approved as well. They are currently offering me ZEC Rate of BLR -2.05% for entire 40 years tenure during their so-called promotion period. But looking at it from the different point of view, I would prefer sticking to something where I can save more in the long run in term of rates since this is all dependent on the current non-fixed BLR rates and I am confident in being able to settle it off earlier without much clauses involved.

Currently my mind is set on Maybank, but just wanting to negotiate further on getting the BLR -2.3% rates which would be great. Any advise would be much appreciated.

Thanks!

Hi muscaa,

The project mentioned is actually Taman Putra Prima Puchong by Developer Plenitude Permai Sdn Bhd which is just after Bandar Puteri, if I'm not mistaken Maybank wasn't listed as their panel bank the last time I checked.

Do they normally only give those rates if they are the panel banks of the developer or should it depend on the negotiation with banker/branch itself?

Thanks

bro...
can share what are the hidden charges and TnC for Maybank loan? with such a good rate, i think sure a lot of clauses...like cannot pay off 50% of your loan within 5 yrs...this is one of 'em which i remember...

for HSBC it's 5yrs for that rate...i just ask about one week back i think..unless the rate just change again this week to 6yrs lock in period...

eh...that scotia bank...actually is it reputable?
in penang only saw one branch... at i-avenue... dunno can tutup kedai anytime or not
hehe

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Added on August 8, 2008, 11:31 pmanyone tried the standard Chartered KLIBOR home loan?

Today spoke to the Maybank agent

He only tell me that I cannot pay more than 6 months installments in lump sum, or there will be a penalty of 1% on what you pay