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1 Stop Mortgage Services - Solve Your Problem HERE
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Post new topic   Reply to topic    Malaysia Real Estate Forum Index -> Property Financing
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What's your MAIN concern before you plan to buy a property
1) Margin of Financing / Loan Approval Problem?
28%
 28%  [ 11 ]
2) Choosing the right Home Loan?
39%
 39%  [ 15 ]
3) Upfront Budget Planning Problem?
18%
 18%  [ 7 ]
4) CTOS/CCRIS (Blacklisted) Problems?
10%
 10%  [ 4 ]
5) MRTA/Mortgage Protection Problems?
2%
 2%  [ 1 ]
Total Votes : 38

Author Message
Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Mon Aug 08, 2005 4:21 pm    Post subject: 1 Stop Mortgage Services - Solve Your Problem HERE Reply with quote

ABOUT US

Introduction :
We are providing Mortgage (Home Loan) Consultation Services to property purchaser who need a clear detail on every bank offer, term & condition, upfront budget, legal matter, choosing the suitable loan for them. Currently we been working closely with 7 major actives bank that offer attractive package & efficient service to assist us. Contact us for more details Smile

Consultation Steps:
1) Fact Finding - Income/Property/margin/Banks Features/Budgets/Legal Advises
2) Free Interbanks Rate Quotation
3) Home Loan Application submission (We'll Help you to submit- Not referring banker to you)
4) Home Loan Acceptance
5) EPF withdrawal Advises
6) Loan Agreement Signatory arrangement
Special Lawyer Arrangement - Having difficulty to make appointment with lawyer?? Let's our lawyer meet you personally (Within Klang Valley reasonable area Only)
7) We will track closely with our lawyer on your progressive loan status & keep you update until it disburse.
(To avoid any unnecessary late Penalty, Subject to customer grace period given by vendor/developer)

Whats the benefit of using a loan broker???
Answer : .://..realestate.net.my/forum/viewtopic.php?t=632

FAQs:

Q1) Do I get fee charges if I engage consultation before applying the loan with you?

A1) We don't charge any consultation fee if applying with us, we are here to help you to choose the BEST loan offer that suit you for most saving & enhances your financial planning.

Q2) What's the differences if I apply thru mortgage consultant?

A2) Normally when you meetup a banker, they will only promote their loan by saying it's the best in town, but they will not reveil the pro's & con's of their products. Which is CAN which is CANNOT. We will 1st identitify which loan that suits you for recommendation before help you to apply. We will not only promote 1 bank package. We give you the facts, you decide.

Q3) How do you generate income by giving away free consultation?

A3) We have tight up with few bank by commission base referral program.

Q4) What's the benefit's do I get if go thru you?

A4) We will able to help you to get the best features loan with the best rate for your dream property in order to enhance your future financial planning. You can save more times w/o meeting banker 1 by 1 to get infos / loan application submission.



Contact Us

MyMortgage Consultancy Sdn Bhd(Mr.Vince - Mobile Sales) Cool


For Fast Approval : Get Your documents photocopy & give us a call

Documents Required for Home Loan application :
1) Applicant's IC (Both Side - Clear Copy)
2) Latest 2-3 year J Form
3) Booking Receipt / Vendor's copy of S&P (Sub-Sale)
4) Business Name Card or FD Slips (If available)
5) Latest 3 month Credit Card statement (For AIA Home Loan only)
6) Latest 6 month Home Loan Repayment record (For Refinancing case)

Employement
1) Latest 3 month Salary Slip
2) Latest EPF/KWSP statement
3) Latest 3 month personal saving statement to show net salary bank in
4) Letter Employement - if you still have it

Self-Employement
1) Business Registration Doc - M&A, Form 24/49/44 or R.O.C + Borang D
2) Latest 6 month Business Bank statement
3) Latest 1-2 yr Audited Account (For BIG company applying BIG loan)

Many thanks to those who refer my contact to their friends. Razz



Post Index - Direct Click

01. Base Lending Rate (BLR) --- In Detail
02. Central Credit Reference Information System (CCRIS)
03. CTOS Blacklisted Record (CTOS)
04. Property Purchasing Upfront Cost
05. Property Valuation
06. Mortgage Protection Plan
07. Home Loan Calculations
08. Foreign Investment Committee Guidelines (FIC)
09. Employees Provident Fund Withdrawal (EPF)
10. Property Gain Tax (RPGT)
11. Inter Banks Package Rates - Rate Compare????
12. What Type Of Loan Features Suits You????
13. FD Rates vs BLR Rate


01. American International Assurance (AIA)
02. Alliance Bank (ALB)
03. Hong Leong Bank (HLB)
04. United Overseas Bank (UOB)
05. Standard Chartered Bank (SCB)
06. Oversea Chinese Bank Corporation (OCBC)
07. Ambank (AMB)
08. Public Bank (PBB)
09. (CIMB)
10. Citibank (CTB)
11. CIMB - Direct Access
12. Malaysia Building Society (MBSB)
13. HongKong & Shanghai Bank (HSBC)


01. Choosing The Right Mortgage Plan
02. NewsPaper Cuts
03. Fixed Rate Loan Articles
04. Islamic Loan Awareness --- In Detail
05. What Should You Consider Before Starting Your Own Property Investment???
06. Property Investment - Which is Better, Condo Or House???
07. Should I Refinance???
08. Property Fair Awareness
09. Knowing Your Personal Credit Report & How It Affects You (CCRIS)
10. Estate Administration Process???
11. Applying For Grant Probate Process???
12. Life Insurance in Estate Planning???
13. Guarantors
14. Important of Will in Estate Planning
15. Property Tax!!!
16. RPGT Waiver - The Causes & Effects
17. Property Cheer (2007)


01. AIA Lawyer Empanelment
02. Career As A Registered Financial Planner (RFP)
03. Career With Us (Mortgage Consultant)

My Personal Mortgage Quote :

"Your Concerns is Our Strength"

"If you have Strong Income Document you can choose any Bank Else Bank choose You"

"There is no perfect offers & service practises from any bank that can fullfill all demanding client, only tolerate with deep understanding will make the difference"


"We'll Work Extras Mileage For You"

Thank You for spending your precious time reading my comprehensive Home Loan Post. Please Vote for the "POLL" for Property Financing Feedback to see the votes result Very Happy Idea

The Posted Material/Articles is for Public Awareness Sharing only. We will not responsible for any losses or incorrect data & infos. Rolling Eyes
Pictures & Info Source : The Star, NST, Personal Money, The Edge, Smart Investor, AIA open for public infos / Flyers & Related Financial Magazines or Financial Websites


Last edited by Homelink on Thu Jul 22, 2010 5:30 am; edited 59 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Mon Aug 08, 2005 4:26 pm    Post subject: Reply with quote


Base Lending Rate - 26 Year Historical Chart

How Big is the BLR impact on your next coming 30 year Home Loan Financial Planning?
FAQ : ..realestate.net.my/forum/viewtopic.php?t=497

How low is low? How high is high? You decide. Cool

1983 - 1984 BLR @ 12.25%
1991 - 1992 BLR @ 9.29%
1997 - 1998 BLR @ 10.61%
1999 - 2005 BLR @ 6.00%
2006 onward BLR @ 6.25% -> 6.50% (Feb'06) -> 6.75% (Apr'06) -> 7.00%???

Downtrend after 1998 until 2006 = 8 years downtrend. Shocked If there is a technical rebounce on BLR chart it should be normal Sad

I presume this is a 6/7 year cycle on technical chart analysis Rolling Eyes



1st December 2005

In Details

2nd December 2005



Banks Start Raising BLR - 1st Wave (November 2005)

6th Dec 2005


Banks Start To Raise BLR Again! - 2nd Wave (February 2006???)

“the main question on investors’ minds is this – the direction of
interest rates………..
A Bloomberg survey of 14 economist say that Bank Negara could
raise the overnight rate to 3.25% on Feb 17 and to 3.5% as early
as May.”


2nd Waves BLR Hikes Confirmed

3rd Wave - The Return of The RatesMare!!!
The Sun - 30th March 2006


Earlier Announcement on 3rd Waves BLR Rate Hike
(27th APR instead MAY'06)



The 4th Waves Is On The Way


House Buyers Feeling The Pinch


If you want to refinance for fixed rate, now is the time. Contact us for assistance Very Happy (Our service is within Klang Valley only)

FAQ : BLR UPDATES TRACKER


Last edited by Homelink on Wed May 24, 2006 5:29 pm; edited 28 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Mon Aug 08, 2005 5:18 pm    Post subject: Reply with quote


CCRIS (Central Credit Reference Information System) Report Check - (Your Bank Facilities Repayment Record)

Sample of GOOD CCRIS record - Easy Loan Approval (Subject to income & loan size)

How does CCRIS affect your loan approval?
FAQ : ..realestate.net.my/forum/viewtopic.php?t=442

Sample of POOR or BAD CCRIS record - Hard Loan Approval


A=Indicate pending loan application submitted without any status. Status will be A="Approved", P="Pending"if it's out. If you apply few bank for the same loan then it will appear in this column.

B=Indicate the existing commitments under individual, company or joint with it loan size applied. Therefore the longer this list the harder to get approval for the next loan subject to income.

C=Indicate the repayment character, 0=prompt payment(good), 1=1 month in arrear(Still acceptable), 2-3=2-3 month in arrear(still acceptable by few bank with good explaination) 4&above = even if you are a millionaire, there won't be any bank can grant you a loan.

D=Indicate CCRIS record last for the next 12 calendar months, therefore if your repayment records was really bad this year. Then start pay promptly now, you might recover your record next year & don't have to worried about CCRIS that affect your loan approval. Wink

To Know CCRIS report in details :
.://..megaupload.com/?d=7TS0EQ5N

How can I check or obtain my CCRIS report? Question
Obtaining Your Credit Report

In the past, the Credit Bureau was empowered only to disclose credit information only to the financial institutions. In the interest of transparency, Bank Negara Malaysia initiated a change to the law to permit the Credit Bureau to disclose credit information of a person to himself. This important change to the law became effective in March 2002.

With the change in the law, the Credit Bureau can now disclose a copy of the credit report to a borrower or a prospective borrower. The credit report can be obtained from the Credit Bureau by following the steps below:

1)Download the Credit Report Request (CRR) Form or obtain it directly from the Credit Bureau either in person or by mail
.://..megaupload.com/?d=TZRF5VYH

2) Submit completed CRR Form to the Credit Bureau
a. e-mail address: ccbhdesk@bnm.gov.my
b. telephone: 603 -2692 9849
c. fax: 603 -2697 0596 or 2698 5378
d. post:
Pengarah Jabatan Perkhidmatan Statistik
Bank Negara Malaysia
Jalan Dato’ Onn
50480 Kuala Lumpur
(U.P. Biro Kredit)

The CRR form can be submitted by post, facsimile, or hand delivered
The CRR form must be submitted together with a copy of personal identity card or passport (if you are a non-Malaysian), and two other documents such as driving licence, utility bills etc. for identification purposes.

Upon receiving the completed CRR Form, the Credit Bureau will retrieve the credit report from CCRIS and deliver it to the person either through a branch of Bank Negara Malaysia or through a financial institution. Alternatively, the person can also collect the credit report personally from the office of the Credit Bureau.

COMPREHENSIVE CCRIS REPORT ARTICLE IN DETAIL - CLICK HERE


Last edited by Homelink on Fri Aug 11, 2006 2:22 pm; edited 11 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Mon Aug 08, 2005 6:05 pm    Post subject: Reply with quote


CTOS Report Check - (Bankruptcy / Blacklisted Record)

Can I still qualify for a Home Loan if CTOS positive?


Last edited by Homelink on Wed May 17, 2006 3:13 am; edited 15 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Aug 11, 2005 4:30 pm    Post subject: Reply with quote


How much is the Upfront Cost?

1. Down Payment?
2. Loan Agreement Fee?
3. S&P Agreement Fee?
4. Valuation Fee?
5. Mortgage Protection Premium?

How much should I pay for each of this?


Last edited by Homelink on Mon Jun 26, 2006 9:00 pm; edited 10 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Aug 11, 2005 4:34 pm    Post subject: Reply with quote


PROPERTY VALUATION !???
1.How can Valuation Report affect your loan application?
2.Should I conduct valuation 1st before applying Home Loan?
3.How much is my valuation fee?
4.Which Valuer should I Look For?



The above fee table is just a range (Estimation) pricing. Difference Valuer Different Pricing.


Last edited by Homelink on Wed May 17, 2006 3:14 am; edited 8 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Aug 11, 2005 7:45 pm    Post subject: Reply with quote


Mortgage Protection Plan (MRTA/MLTA/Life Policy)

Which Plan should I take?

Quote:
MRTA = Mortgage Reducing Term Assurance

Mortgage = Protection Plan for Housing Loan.

Reducing = Coverage based on loan outstanding, there4 if ur loan finished early, policy will be void, must try *redeem surrender value upon full loan settlement.

Term = Length of the tenure?, property type?, loan size?. i.e if u apply 30 year then the contract coverage valid for 30 year & for that specific property & the coverage will reduce according to d loan amount applied . If you do early settlement U must try *redeeem surrender value & u can't transfer to another house loan which have different loan size, diff tenure & diff property.

Assurance = Insurance Plan

* B4 redeem ur surrender value, u must obtain the MRTA certificate from bank togather with the financial discharge letter to proof that u have settled ur loan. After u got the above mention document u need to goto d respective insurance company - bankassurance dept 2 submit. Veli Mar Farn (susah). Shocked

Advantages of MRTA :
1) No Enough Money/ Financial Problem, Can finance (Subject to max 5% extra financing & also subject to income sustainable) Smile
2) Cheap Razz

Disadvantages of MRTA :
1) Premium financing rate @ 9% (Not based on the home loan rate) Shocked
2) Non-Transferable to other property, loan or refinancing to difference inancial institution - Not Flexible/Not Assignable. Crying or Very sad
3) Beneficiary is the bank. Normally bank keep d policy - u don't have any copy. by the time u redeem ur property u already 4got bout it. Question
4) Increasing premium rate for the next MRTA policy due to age increasing. (purchased another property/refinacing) Exclamation
5) Surrender value? - If u settle within 5 years I think u might able 2 redeem half of the premium, else u can get few token if beyond 5 r. Crying or Very sad
6) The faster you pay, The lesser coverage you get. Shocked
7) Non-Income Tax deduction - No receipt cos is was financed Crying or Very sad
8} Coverage on start upon 1st drawdown (Money released) - U are not covered b4 any claim was made to the bank although u have sign d letter offer & loan agreement. Shocked make sure nothing happen 2 u before money release. Some Under.Construction project take up to 6 month & above b4 d 1st money was release. Shocked
9) MRTA with CI? I don't recommended. Buy separated life policy with CI. Just imagine that ur MRTA void 20/30yr from now. Ur CI coverage also viod. Plus is it cost added. Plz reconsider.
10) Coverage = All kinda of death including suicide (must b > 365days) & Total Permenant Disability - Lost of any 2 combination limbs (Eyes, Legs or Hands) Only

MRTA Important Note:
1)MRTA is a Term Life policy up to age 65 only.
2)This is not a whole life plan
3)MRTA is non-transferable plan
4)Everytime U change property/loan MRTA premium will increased


Quote:
MLTA = Mortgage Level Term Assurance

1. Same features alike MRTA but the coverage will be level instead of reducing.
2. Yet the premium is slightly more expensive than MRTA.
3. NOT all bank provides MLTA plan.
4. Sample of claim : Loan 100K for 30yr. Let say in 15 yr the O/S is 50K
MRTA pay RM50K to respective bank to settle off the loan balance
MLTA pay RM50K to respective bank & on top RM50K to the benefiacy.


Tips : Insurance Premium pricing is subject to Age/Loan/Plans. Please compare apple to apple, Not apple with orange.

FAQ : ..realestate.net.my/forum/viewtopic.php?t=346&start=25


Last edited by Homelink on Wed May 17, 2006 3:08 am; edited 7 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Wed Aug 24, 2005 12:32 am    Post subject: Reply with quote


HOW TO COUNT MY INSTALLMENT, INTEREST, PRE-QUALIFY LOAN & PRINCIPLE REDUCTION???

Financial Calculator - I personally recommending CASIO FC100 or FC200

How to used? (Pls refer to the pic above & look 4 d specific button)

HOW TO GET MY MONTHLY INSTALLMENT AMOUNT?
Example : RM100k loan (PV), Tenure : 30Yr (n), Interest 6.25% (i%)

1) Input : 100000 then press PV
2) Input : 30 then press SHIFT + n
3) Input : 6.25 then press SHIFT + i%
4) Output : Press COMP then Press PMT
5) U will get RM615.72

Advice : If you are getting multi-tier rate (eg:1.88% for 1st year) then you input 1.88% instead of 6.25% (but 1.88% applicable for 1 year only)

HOW MUCH IS MY CURRENT INTEREST RATE WAS CHARGED
Example : Current Monthly Installment : RM615.72 [PMT], Tenure : 30 yr [n], Loan Amt Applied : RM100,000 [PV]

1) Input : -615.72 then press PMT
2) Input : 30 then press SHIFT + n
3) Input : 100000 then press SHIFT + PV
4) Output : Press COMP then Press i%
6) Times [X] 12 (month)
5) Your interest for this year is 6.25%

HOW MUCH LOAN DO I QUALIFY FOR???
(Normally Bank will take 1/3 of your income as Debt Burden Ratio[DBR])

Example :
Gross Salary : RM3000 (DBR=RM1000 [PMT] within client ability)
Interest : 6.25% [i%] (Normally bank'll take Thereafter rate 4 evaluation)
Tenure : 30 yr [n]

1) Input : -1000 then press PMT
2) Input : 30 then press SHIFT + n
3) Input : 6.25 then press SHIFT + i%
4) Output : Press COMP then Press PV
5) Your Qualified loan amount is RM162,410
6) Therefore your budget property should be RM180,000 Max

HOW MUCH IS MY INTEREST & PRINCIPLE REDUCTION?
This Interest Calculation can be calculated by using normal calculator

If you want to know how your interest was charged monthly here is the formula

Loan Outstanding X 6.25% / 12 (month)

Example : Loan : 100,000, Interest : 6.25%, tenure 30Yr, Installment = 615.72/Month

1st Nov 2005 : 100,000 X 6.25% / 12 = 520.83 (interest for this month)

(Exisiting installment) 615.71 - (interest) 520.83 = (Monthly Principle Reduction) 94.88

1st Dec 2005 : 99,905.12 X 6.25% / 12 = 520.33 (interest for this month)

(Exisiting installment) 615.71 - (interest) 520.33 = (Monthly Principle Reduction) 95.38

1st Jan 2006 : O/S balance = 99,809.74 & same calculation applied

I hope u all get what i mean.
(the above calculation is only applicable to normal TL/HL only).




Here is a sample of amortization chart specially design for Fully released loan with Fixed Rate package. Not applicable for BLR fluctuation packages nor progressive release calculations for under construction. Why?

We don't know
1)When BLR will fluctuated?
2)When the next progressive claim for the next completion state for under construction property.

This is a illustration guide & doesn't included late charges, admin charges, Fire insurance or any default charges which could be inccured if the installment was not pay promptly.

Related Topic Discussion Bout Home Loan Interest Calculation
..realestate.net.my/forum/viewtopic.php?t=556


Last edited by Homelink on Mon Mar 12, 2007 4:51 pm; edited 10 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Sep 01, 2005 5:35 pm    Post subject: Reply with quote


REAL PROPERTY GAINS TAX (RPGT) - ABOLISHED!!!


What is the Real Property Gains Tax?
As a Malaysian citizen, you will be subjected to Real Property Gains Tax only if you sell within 5 years from the date of acquiring the property. The taxable amount is based on how long you held the property. Real property gains tax shall be retained by your solicitor. Your solicitor is authorised to pay this sum to the Director-General of Inland Revenue upon receipt of the notice of assessment to procure the Certificate of Clearance.

However, if you are not a Malaysian citizen, any disposal of the property will attract Real Property Gains Tax of 30% on the profit.



Do you know that each individual have 1 lifetime RPGT Exemptions (waiver)??
When should I use my RPGT Exemptions (waiver)?




On 1st April 2007, Malaysia Goverment has abolished RPGT to attract more domestic & foreigner investors. Therefore, many people would expects property value will heading uptrend. Want to know what the cause & affects after RGPT was waived? -> RPGT Waiver - The Causes & Effects

RPGT in Details : .://..hasilnet.org.my/english/eng_NO2_1_3.asp


Last edited by Homelink on Tue May 22, 2007 3:30 pm; edited 14 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Oct 20, 2005 4:23 pm    Post subject: Reply with quote


Foreign Investment Committee (FIC) GUIDELINES

I am a foreigner, can I buy a house in Malaysia?
Yes, you can. However any purchase of property regardless of value must be subjected to the approval of the State Government AND Foreign Investment Committee.





FIC in Detail :
.://..epu.jpm.my/new%20folder/fic/GP_Properties.pdf

Form FIC A/2004 - Application Form For The Acquisition Of Residential Unit, Commercial Unit And Industrial Property by Foreign Interests
.://..epu.jpm.my/new%20folder/fic/B_FIC_A.pdf Razz


Last edited by Homelink on Wed May 17, 2006 3:15 am; edited 8 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Thu Oct 27, 2005 3:16 pm    Post subject: Reply with quote





Withdrawal To Purchase A House in Details :
.://..kwsp.gov.my/.?ch=139&pg=148&ac=4165

Withdrawal To Reduce/Redeem The Housing Loan in details :
.://..kwsp.gov.my/.?ch=p2life&pg=en_p2life_house&lang=en

EPF WITHDRAWAL FORMS : .://..kwsp.gov.my/.?ch=p2life&pg=en_p2life_house&ac=94


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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Tue Nov 15, 2005 6:04 pm    Post subject: Reply with quote


Interbank Home Loan Offers

Which Bank Package is my best choice?
Which Type Of Loan Suit Me?
What Type Of Loan Features Suits You????

Today Best Package Rates Will Be Overwrites/Counter Offer Overnite



THE ABOVE INTERBANK RATES IS OUTDATED - SAMPLE
Contact us to get the latest package Rates.
Get a FREE Consultation from us before applying any of these bank to know the PROs & CONs of each package
. Rolling Eyes

CLICK HERE FOR FAQs


Last edited by Homelink on Thu May 18, 2006 7:44 pm; edited 6 times in total
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Homelink



Joined: 19 Jun 2005
Posts: 268
Location: Kuala Lumpur

PostPosted: Sat Nov 19, 2005 7:11 pm    Post subject: Reply with quote


Which Type Of Loan Features Suit You????

TERM LOAN (TL) FEATURES
01. Traditional Basic Home Loan.
02. Amortizing (Reducing) based on loan tenure.
03. No withdrawal allow *
04. Pre-Payment allows for completed property.
05. Semi-Annual/Annual Home Loan Statement given.
06. Must Discharge from Bank upon full settlement.
07. Suitable for Fixed income earner (Employment) with minimal saving surplus.
08. No Monthly Maintenance Charges
09. Daily Rest Calculation* - subject to bank’s packages offered (Not applicable for Islamic Loan)

TERM LOAN (TL) TYPES
A) Conventional Flexi-Term Loan.
01. Multi Tiers Rates.
02. Follow BLR fluctuations.
03. Installment is not fixed as BLR will fluctuate.
04. No Withdrawal allows. *Currently few banks allow withdrawal if you paid extra – min. RM5K per w/draw & RM50 fee, will be charge.
05. Penalty will be charge if you are to REFINANCE, SELL OFF or FULLY SETTLE within LOCK-IN Period.
06. Only few bank's package allow prepayment during construction period.* subject to package term & conditions.

B) Flexi-Fixed Rates Term Loan.

01. Single Tier Rate.
02. No BLR fluctuation affects.
03. Installment & Total Repayment is Fixed.
04. No Withdrawal allows.
05. Penalty will be charge if you are to REFINANCE within LOCK-IN Period.
06. No Penalty for Fully Settlement or Sell Of Property – Anytime.
07. Allow prepayment during construction period.
08. Minimal Chances of Refinancing since the current rate is lower the BLR. Unless You need to cash out.



OVERDRAFT LOAN (OD) FEATURES
01. Normally is a Single Tier Rates.
02. Follow BLR fluctuations.
03. Loan A/C = Current A/C = Not Amortizing (Reducing) loan.
04. Higher Interest Rate compare to TL.
05. Allow withdrawal by issuing checks.
06. Allow Pre-Payment.
07. Penalty will be charge if you are to REFINANCE, SELL OFF or FULLY SETTLE within LOCK-IN Period.
08. Monthly Home Loan Statement given. (Current A/C Statement)
09. No need to discharge upon fully settlement – standby cash
10. Withdrawal Limit = evergreen not amortizing – will chop 20% standby limit at the end of the year starting age 60.
11. Loan above RM250,000 will have 1% commitment fee annually
12. Suitable for Businessmen / Self employment with big cash flow turnover
13. Client With Bounces Check blacklisted will not entitled for this loan – CTOS BMC positives
14. RM10 maintenance Charges.*
15. Daily Rest Calculation.
16. No need to Refinance again since OD allow standby Cash upon early fully paid off.



FLEXI-WITHDRAW LOAN (Hybrid Loan) – Combination of Term Loan & Overdraft facility
01. Multi Tiers Rates.
02. Follow BLR fluctuations.
03. Installment is not fixed as BLR & loan outstanding will fluctuate.
04. Allow prepayment during construction period.
05. Penalty will be charge if you are to REFINANCE, SELL OFF or FULLY SETTLE within LOCK-IN Period.
06. Loan A/C = Current A/C + ATM card => Amortizing (Reducing) loan
07. Monthly Home Loan Statement given. (Current A/C Statement)
08. No need to discharge upon fully settlement – standby cash
09. Withdrawal Limit Amortizing – Follow Term Loan Amortizing
10. No Annual commitment fee .
11. Suitable for Businessmen / Self employment with big cash flow turnover.
12. Client With Bounces Check blacklisted will not entitled for this loan – CTOS BMC positives.
13. RM10 maintenance Charges.
14. Daily Rest Calculation.
15. Interest Rate Cheaper Than OD rate.
16. No need to Refinance again since Hybrid Loan allow standby Cash upon early fully paid off.

You should know which loan features that can enhances your financial planning instead going for the cheapest rate or zero cost package. Idea


Last edited by Homelink on Wed May 24, 2006 1:29 pm; edited 16 times in total
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PostPosted: Mon Nov 21, 2005 7:26 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. PM ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



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Homelink



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PostPosted: Wed Nov 23, 2005 7:47 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. PM ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



Last edited by Homelink on Wed May 17, 2006 6:55 pm; edited 9 times in total
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PostPosted: Mon Nov 28, 2005 9:02 pm    Post subject: Reply with quote


Fixed Deposit Rates Vs BLR Rate
OCTOBER 05 - Peaceful Month

December 05 - Ignorance Month - BNM announce 1st Interest Rate Hike (BLR Up From 6.00 -> 6.25% But FD Rate Stay)

Feb 06 - Pinching Month - BNM announced 2nd Rate Hike in End of FEB (BLR From 6.25% -> 6.50% Yet FD Rate Stay Still)

March 06 - Complaints Month - BLR @ 6.50% Yet We don't see any signal show FD Rate go UP

Apr 27th - BLR Up again from 6.50% - 6.75%

BLR expected to be 7.00% in 3rd Quarter 2006 - Now this really painfull. BLR increased 0.65 point vs FD rate only at 0.10<->0.20 point
Almost Everything is going up except our income. Rolling Eyes

Home Loan Taker - Complaints!!!

The Complaints Continues....


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PostPosted: Mon Nov 28, 2005 9:08 pm    Post subject: Reply with quote

★☆★☆AIA CURRENT RATE = 5.99% & 5.75%* (1st FEB 2007 - 31st APR 2007)★☆★☆

5.75% only applicable for loan tenure = 10 Year or lesser


AIA FIXED RATE TERM LOAN PACKAGES


AIA Under Construction Panel
• SIME-UEP - Ara Damansara, Putra Heights, USJ-Subang Jaya, Bandar Bukit Raja
• Gamuda Bhd - Valencia, Kota Kemuning (including condo/apt) & Ambang/Bandar Botanic Klang
• Kumpulan Guthrie Bhd - Bukit Jelutong, Bukit Subang, Sungai Kapar Indah, Denai Alam
• IOI Properties Bhd - Bdr Puteri Puchong (incl. condo/apt), Bdr Puteri/Putera Klang, Sunrise Garden Condo/Desaria, D’Cahaya Apt
• A & M Realty - Kemuning Shah Alam, Putri Subang, Kemuning Greenhills 2 Shah Alam
• First Nationwide Group - Seri Utama, Kota Damansara, Bandar Utama, Bukit Utama
• SPPK - Alam Damai Cheras, Alam Sutera Bukit Jalil,
• Glomac - Aman Suria Damansara
• SP Setia - Setia Indah, Bukit Indah, Setia Tropika (JB), Bandar Setia Alam, Duta Tropika, Ampang Hill, Setia Eco Park
• Keck Seng (M) Bhd - Taman Daya (JB) – 6.35% Fixed
• Island & Peninsular - Bandar Kinrara Puchong, Taman Setiawangsa
• RB Land S/B - Seremban 2, The Boulevard Subang Jaya (condo)
• Petaling Garden Bhd - Bandar Baru Seri Petaling – 6.15% Fixed
• Pelangi Group - Taman Pelangi Indah, Impian Emas, Taman Sutera Utama (JB) – 6.15% Fixed
• WCT - Bukit Tinggi I, II, III & Bandar Parkland
• Putrajaya Holding - Precincts 9, 10, 11, 14, 16 & 18
• IGB Corp Bhd - Tanamera, Seri Maya Condo
• Sunrise Bhd - Mon’t Kiara Aman, Mon’t Kiara Banyan, Mon’t Kiara 10 (condo)
• Bukit Hitam Dev. S/B - Bandar Bukit Puchong 2
• Plenitude Bhd - Taman Putra Prima Puchong, Taman Desa Tebrau (JB), Changkat Kiara, Changkat View (Condo)
• SHL Consolidated Bhd - Admiral Park , Greenview Residence (Condo) – Bandar Sg. Long
• Paramount Corp - Kemuning Utama, Bandar Laguna Merbok (Sg. Petani)
• Tanming Bhd - Tmn Taming Indah-Sg Long, Tmn Seri Tanming-Cheras, Tmn Tanming Maju – Cheras, Tmn Meranti Jaya-Puchong
• Hong Leong/Sabna - Bukit Rahman Putra
• Malton Bhd - Bukit Rimau, Li Villas II (condo), Mutiara Puchong, Mutiara Indah
• Mah Sing Group Bhd - Damansara Lagenda, Aman Perdana, Austin Perdana (JB)
• Daiman Development Bhd - Taman Gaya (JB) – 6.15% Fixed
• Mutiara Goodyear - Taman Lagenda Mas 2B-Cheras, Mutiara Upper East-Ampang (condo)
• Hillcrest Garden - Taman Puchong Utama
• Sunway City Bhd - Sunway SPK D’sara, Sunway Kayangan Shah Alam, D’Villa D’sara, Opal D’sara, Sunway Rahman Putra, Laman
Impian Garden Villas, Sunway D’sara, PJ-Sunway D’sara, Kiara Hills, Sunway Cheras, Sunway Suria
• DRB-Hicom - Glenmarie Cove Klang, Glenmarie Residences Shah Alam, Glenhill Shah Alam
• IJM Properties S/B - Bukit Manda’rina-Cheras, Taman Idaman-Butterworth, BaysWater Condo-Penang
• Hunza Properties - Alila Tanjung Bungah, Penang & Alila Horizons (condo), Mutiara Seputeh
• YTL - Lake Edge Puchong & Lake Field Sungai Besi
• UDA Holding - Bandar Tun Hussein Onn-Cheras
• OSK Property Holdings - Bayan 28 Country Heights – 6.15% Fixed
• UM Land - Suasana Sentral The Loft – 6.15% Fixed
• Capital Land S/B - Puchong Hartamas, Cheras Hartamas
• DNP Holding - Sering Ukay – Hulu Kelang



Minimum loan RM75K

AIA Fixed Rate Home Loan Features
1) Pure Fixed Rate Term Loan - No BLR fluctuation Effects
2) Daily Rest Calculation Daily Rest Memo
3) Allow prepayments (even during construction period) - more saving
4) No Penalty Apply for a)Early Settlement b)Sell Off property c)Prepayment
5) Pay Monthly Installment at all Maybank Branches / Maybank2u.com AIA Installment Payment Instruction

Term & Conditions .....1 .....2
AIA Home Loan FAQ
AIA Home Loan Calculator
AIA Loan Eligibility

FAQs
Q1. What's AIA target market???
A1.
a)Completed residential properties with permanent Certificate of Fitness
Landed - Klang Valley, Penang/Seberang Prai, Sg.Petani, Kulim, Seremban, J.B, & Ipoh, Kuantan, Malacca Town, Kota Kinabalu, Kuching and Batu Pahat only *Excluded B'low Land w/o structure MOF up to 90% only
Non-landed e.g. apartments, condominiums & townhouses - Penang Island & Klang Valley only (excluding Kajang and Klang). MOF 75%-85% subject to property location.
• Note: For leasehold land, the unexpired land lease must exceed 30 years upon maturity of the loan( for peninsular and
Kota kinabalu only).
Excluding residential properties located at landslip/flood prone area/ Oxidation pond/power station, T-junction
and native land.


b) Applicant should be age from age 18-60 without CCRIS/CTOS problem.
• Individual Malaysian Citizens. Married couple to apply jointly.
• Foreigner With Malaysia Citizen spouse. *Foreigner Only is not eligible

Q2. Is MRTA/Mortgage Insurance is Compulsory???
A2. Yes, AIA Loan Taker must take up MRTA / Mortgage Life Insurance Plan from AIA only. You can assign your existing AIA Life plan subject to sufficient coverage.

Q3. Is there any ZERO COST package offered currently?
A3. No, Loan Taker have to bear the Loan Agreement Fee & Valuation Fee.

Q4. When is the deadline offer for this Offer? Question
A4. Promo just revised, starting 1st Feb 2007 - until 31st Mar 2007 Wink

To apply or need more info how u can benefit taking AIA Home Loan?, pls contact us. Smile Shocked


Last edited by Homelink on Fri Mar 30, 2007 2:10 am; edited 19 times in total
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PostPosted: Mon Nov 28, 2005 9:09 pm    Post subject: Reply with quote


Alliance Bank (SaveLink - Hybrid Loan) - Highly Recommended

Ever wish you could pay less for your home loan? Well, with SaveLink, we make it possible for you to profit from your loan!

SaveLink comes with a Deposit Link facility where every extra Ringgit you keep trims years off the duration of your loan and interest payment. Show me how

What’s more, you have access to the money in your Deposit Linked account at any one time.

What you'll enjoy... Total flexibility and instant access to the excess deposit in your Deposit Link account which can be withdrawn anytime you wish via:
* ATM
* allianceonline
* Over-the-counter
* Standing instruction
* Cheque book

No penalty or fee charges for withdrawal and excess deposits made
Weekly, fortnightly or monthly repayment options to suit your income cycle which can be made automatically from your SaveLink account
Flexibility of combining two facilities, i.e. home loan and overdraft
Top-up credit when you need it
Flexible financing packages for properties under construction, completed properties and refinancing to suit your individual needs.

Terms and conditions apply.


How does (Save Link) Deposit Linked account work?
.://..alliancebank.com.my/Personal_Banking/deposit_link_account.htm

Alliance Bank Eligibilty Calculator
.://..alliancebank.com.my/Personal_Banking/fc_mortgage_qualifier_es.htm

To apply or need more info, pls contact us Smile


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Homelink



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PostPosted: Mon Nov 28, 2005 9:10 pm    Post subject: Reply with quote


2Standard Chartered (Mortgage One)

Rate:
1st Year = 3.50%
2nd Year = BLR + 0.00%
Thereafter : BLR + 0.38%
(Rate Update : Aug 2005)

Term & Condition:
..img.photobucket.com/albums/v608/vcent/SCBLOAN.jpg

Refinancing: Term & Condition
..img.photobucket.com/albums/v608/vcent/SCBLOANREF.jpg

SCB Loan Calculator
.://..standardchartered.com.my/cb/loan/loan_calculator.html

Eligibilty Calculator
.://..standardchartered.com.my/cb/loan/eligibility_calculator.html

Download SCB Home Loan Application Form:
.://..megaupload.com/?d=20CL2EB0

To apply or need more info, pls contact us Smile


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Homelink



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PostPosted: Mon Nov 28, 2005 9:13 pm    Post subject: Reply with quote




Dear Forumer, AIA is proudly present the 1st Lowest Fixed Rate Shop loan in Malaysia on 05 March 2007. Please read thru the above info pages before asking enquiries. More info will be updates soon as this package is just came out from oven. Very Happy


Last edited by Homelink on Thu Mar 08, 2007 11:49 pm; edited 3 times in total
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PostPosted: Mon Nov 28, 2005 9:16 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. PM ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



Last edited by Homelink on Wed May 17, 2006 7:19 pm; edited 1 time in total
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Homelink



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PostPosted: Mon Nov 28, 2005 9:18 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. CALL ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



Last edited by Homelink on Thu Oct 26, 2006 7:20 pm; edited 4 times in total
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Homelink



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Location: Kuala Lumpur

PostPosted: Mon Nov 28, 2005 9:30 pm    Post subject: Reply with quote

MORTGAGE LOAN CALCULATOR SOFTWARE

Here is some of the hard effort of my personal Mortgage Software Collection that I want to share to you all.



ILoan Calc (For Desktop PC) Download
.://..megaupload.com/?d=0IFBNCDG





MortgageCal - 2.91MB (For Pocket PC)

Using MortgageCALC you can quickly establish the costs and affordability of major asset purchases. With advanced analytical functions MortgageCALC is the standout Loan Calculator for the Property or Finance professional

MortgageCALC has the usual "standard" loan calculator functions, plus:-
• Interest compounding periods options of Daily, Weekly, Monthly, Quarterly, Half Yearly and Annual
• Repayment frequency option of Monthly, Weekly, Fortnightly, Semi-Monthly, Quarterly, Half Yearly and Annually.
• Interest Only calculations.
• Amortization calculations, with advanced features, including Lump Sum Payment and Redraw calculations, changing Interest Rates, fees and repayment variations.
• Ability to apply a Index Rate to loan repayments to see effect of accelerating repayments.
• Graphing of amortization calculations,
• Loan comparisons (up to 10 user defined P&I Loans),
• Programmable Calculation/Funding Tables.
• Conversions,
• Reports can be "pasted" into other PocketPC applications,
• Lots more..

Download
.://..megaupload.com/?d=FTP0RIHP



Last edited by Homelink on Tue Feb 14, 2006 7:22 pm; edited 1 time in total
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Homelink



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PostPosted: Thu Jan 05, 2006 4:20 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. PM ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



Last edited by Homelink on Wed May 17, 2006 7:49 pm; edited 2 times in total
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PostPosted: Mon Feb 13, 2006 12:50 pm    Post subject: Reply with quote


PLS DON'T POST YOUR QUESTIONs/COMMENTs HERE. PM ME IF U HAVE QUESTIONS - KEEP THIS POST CLEAN. TQ Wink Pls do come back again to read this on going updating post 4 usefull infos referal. Thank 4 reading my posts Razz



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