Cant help you with a flow diagram... no time to make one.

Anyhow for a start, its always better to understand the principal of mortgage better than just assuming it as a mere home loan. google mortgage malaysia and you'll probably find lots of related article available.

After that, you are in business...

1st, identify whats the purpose of the new purchase. ie, home stay? or investment?

2nd, find a loan that suits your need. How do you spend your money? are you a business owner who requires a huge cash flow or an honest employed staff. Generally loan can be classified into 3 types, Conventional, semi-flexi and full flexi.

3rd, interest rate. who gives better, and also you might need some time to study about variable rates vs fixed rates.

4th, the most important part of mortgages... Terms and Condition of different banks and packages. There must be a reason why rates and installment consist of no more than 1 pages in the letter offer while TnC can be more than 10 pages long.


just drop me an email when you are free and i'll see what i can help.


Regards

Merce Chua
Mortgage Sales Executive
OCBC Bank (M) Bhd
Jalan T.A.R
019 - 913 1127
ChuaCChie@OCBC.com
----------------------------
Call me for the FREE items;
FREE OCBC Mortgage consultancy
FREE Personal Loan consultancy

Phoeni,


sign it up before they recall the offer! =p


OPR dropped till 2... so i'm guessing we would see another adjustment on the BLR.


forecast BLR is to be adjusted to 5.65-5.75%

anyone wanna join me in crystal ball reading?