Comments on: Home Loans by Malaysian and Foreign Banks http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/ Investing & Buying Residential Malaysian Property Sat, 11 Oct 2008 18:19:20 +0000 http://wordpress.org/?v=1.5.1-alpha by: Michael http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-6973 Wed, 24 Oct 2007 16:34:53 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-6973 Looking for a home loan with local banks. Word has it that EON is great on home loan. Want more information on which banks or insurance agency that I can approach for a lower interest rate. Looking forward to the help. Looking for a home loan with local banks. Word has it that EON is great on home loan. Want more information on which banks or insurance agency that I can approach for a lower interest rate. Looking forward to the help.

]]> by: Bobby http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-2082 Wed, 26 Apr 2006 23:29:43 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-2082 xen, I am getting the non-MRTA package. I think insurance co. like AIA and ING require MRTA which would cost about 3% of the loan amount and they are not tranferable. Many ppl who has bought MRTA would hesitate to refinance becoz of this. xen, I am getting the non-MRTA package. I think insurance co. like AIA and ING require MRTA which would cost about 3% of the loan amount and they are not tranferable. Many ppl who has bought MRTA would hesitate to refinance becoz of this.

]]> by: xen http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-2073 Tue, 25 Apr 2006 12:21:48 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-2073 If you refinance every 5 years, you got to check if the MRTA is transferable. Check processing fee also, there is no such thing as processing fee “waive”, nothing is free, it is just included inside. FYI, average BLR for the past 23(1980-2006) years was 8.79%. 6.0% was the lowest. ING provides fixed rate housing loan for whole tenure, no BLR. Rate now is 6.3%. If you refinance every 5 years, you got to check if the MRTA is transferable. Check processing fee also, there is no such thing as processing fee “waive”, nothing is free, it is just included inside.
FYI, average BLR for the past 23(1980-2006) years was 8.79%. 6.0% was the lowest.
ING provides fixed rate housing loan for whole tenure, no BLR. Rate now is 6.3%.

]]> by: PNP http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1882 Thu, 13 Apr 2006 00:53:52 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1882 Thanks Admin, your blog is really professional (thumbs up) x 2 Thanks Admin, your blog is really professional (thumbs up) x 2

]]> by: Administrator http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1875 Tue, 11 Apr 2006 21:47:45 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1875 PNP, give me a day or two... thanks. PNP, give me a day or two… thanks.

]]> by: PNP http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1860 Sat, 08 Apr 2006 03:16:06 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1860 Interest payment runs right after signing letter of offer? That's before developer's stage billing? That's ridiculous. By the way, Admin, I find that certain banks like SCB's Mortgage One (Previously) and Alliance's Savelink give certain flexibility. It allows us to include unlimited excess cash into the loan account, without having to charge interest. So for example, if I took a 100k loan and I have 100k cash from the very beginning, the loan will be interest free for the whole tenure. It effectively gives me an overdraft at housing loans interest. Could you include which banks offer such flexibility and do you think Alliance's Savelink is a good one? Cheers Interest payment runs right after signing letter of offer? That’s before developer’s stage billing? That’s ridiculous.

By the way, Admin, I find that certain banks like SCB’s Mortgage One (Previously) and Alliance’s Savelink give certain flexibility. It allows us to include unlimited excess cash into the loan account, without having to charge interest. So for example, if I took a 100k loan and I have 100k cash from the very beginning, the loan will be interest free for the whole tenure. It effectively gives me an overdraft at housing loans interest. Could you include which banks offer such flexibility and do you think Alliance’s Savelink is a good one? Cheers

]]> by: Bobby http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1858 Fri, 07 Apr 2006 15:46:38 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1858 I have this strategy to go for the lowest interest for first 5 years, then refinance again. I opted HLB with mortgage plus. I have this strategy to go for the lowest interest for first 5 years, then refinance again. I opted HLB with mortgage plus.

]]> by: Administrator http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1854 Wed, 05 Apr 2006 15:08:55 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1854 good advice... good advice…

]]> by: S-Kay http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1853 Wed, 05 Apr 2006 14:41:33 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1853 When it comes to all this loan stuffs, my mom always say, "Make sure to keep your eyes sharpened. Good deals don't come easy" When it comes to all this loan stuffs, my mom always say, “Make sure to keep your eyes sharpened. Good deals don’t come easy”

]]> by: KY http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1840 Tue, 04 Apr 2006 12:46:10 +0100 http://propertymalaysia.blogsome.com/2006/04/03/home-loans-by-malaysian-and-foreign-banks/#comment-1840 4 more years to go before i can do any refinancing... 4 more years to go before i can do any refinancing…

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