Need help with home loans?

Calling All Houseowner To Refinance Now!!

Want to lower your home loan interest? Seek an overseas education for the kids? Wife wants a holiday? Seek greater liquidity?

Refinancing is a simple method of not only lowering your monthly repayments but also a great way of unlocking cash trapped within your home equity ( value of your house less the loan amount still owing) for investments, renovations or even to pay off a high interest debt.

When you refinance your loan, it means taking up a new loan either from your existing lender or a new lender, in substitution of your existing loan. Refinancing allows you to change your loan to suit your new circumstances and needs

Refinancing can be tedious and making sure you get the best deal is even harder work.

At malaysia housingloan.com, we can help make your life simpler by helping you get the best refinancing deal without most of the hard work.
Call our mortgage consultant now to get a simple quotation and free verbal valuation on your property.

By | 2016-11-01T10:40:23+00:00 June 21st, 2010|Refinancing|32 Comments

32 Comments

  1. TS Tan August 29, 2010 at 10:53 am

    I’ve a factory term loan with CIMB outstanding RM300k with BLR ++ for 3 yrs already. Now the factory is worth more than double the outstanding loan. I need RM100k short term loan for business expansion. How to go from here.. Pls advise…

    Rgds

    TS Tan

    • Melissa September 3, 2010 at 4:23 pm

      Dear Tan,

      Thank you for visiting our website.

      I already PM your questions.Please check you email ya!

  2. Norlinda October 11, 2010 at 6:29 am

    I need to find the best refinancing option. Please help.

    • Melissa October 12, 2010 at 8:50 am

      Dear Norlinda, Thank you for visiting our website. I already PM your questions.Please check you email ya!

  3. Fifi October 16, 2010 at 9:45 pm

    Hi, I need to evaluate refinancing option offered by banks. My house is worth RM350K now. Initial loan with RHB with BLR+O and has served the lock up period of 3 yrs. Bought house in 2005. Thank you.

    • Melissa October 17, 2010 at 3:45 am

      Hi Fifi,thank you for your comment. I already PM to your email.

  4. fazliana October 27, 2010 at 9:05 am

    I am surveying for refinancing package. My current loan do not have lock in period. It is a 30 years loan, and now in the 3rd year payment.I am looking for zero entry cost package. Further,I did not take any MRTA, instead, I took a life insurance under the Bank’s panel and assigned it to the bank. Do I need to cancel the insurance if I refinance with another bank?

    0193701402

    • Melissa October 27, 2010 at 12:59 pm

      Dear Fazliana, thank you for your email. I send an email to you.

  5. dien October 28, 2010 at 3:39 am

    i’m almost reaching my locking period with maybank with my current interest rate is BLR ++. can you suggest any good package for me to refinancing to reduce the interest rate + getting some cash.

    • Melissa October 28, 2010 at 4:36 am

      Thank you for the comment. I already PM you.

  6. IK November 19, 2010 at 6:19 am

    Hi,

    I’m from kota bharu. can i refinance my house?

    est. value 350k, currently with goverment loan. need cash to settle high interest loan.

  7. Wallace November 25, 2010 at 6:53 am

    Hi Melissa,
    I recently acquired an apartment for renting, the purchase price is RM69,000, full cash payment. It has not been rented yet, but I would like to refinance it for another acquisition. Me and my wife monthly salary totaled RM4,200. We have a car loan at RM500/month. What is the best refinancing option can I take?
    Thanks.

  8. Ms Carrie December 20, 2010 at 4:46 am

    I’ve a factory term loan with PBB for about 300k. I need short term loan, is refinancing the best way to go about it?
    Pls advise. Thanks.

  9. Vikneswaran December 21, 2010 at 1:14 am

    hi there,
    I need your advise on refinancing my dad’s property . There is actually two properties which I can refinance for my education purpose . My father is currently not working . He is retiree. currently , im working just about to complete four months. Can I apply to refinance my father’s property . Will the bank approve my application. Just doubt since i’m new employee.

  10. Nancy December 23, 2010 at 5:55 am

    I purchase an apartment in year 2004 with a housing loan of RM117,000.00. The rate as as follows:- 1st year 2.5% fixed.2nd year -1% above BLR, 3 & 4 year 0.28% above BLR, 5th year onwards 0.25% above BLR. I lost my job in year 2005 and had some problem in housing loan payment. The bank revised the facilities and the new rate was 1.28% above BLR with effect from 14 sept. 2005. In 2008, I am in a better financial position and I requested for the bank to lower the interest rate and in late 2010, the interest rate was then reduced to BLR -1%. My present loan amount as at to-date is RM91,000.00. Pls advise me whether should I refinance my loan to get a better deal or should I stay on with my present bank. Another question, I intend to take a loan to buy another apartment for RM150,000.00. Pls advise what is the best deal in town? Thanks.

  11. Govindan December 23, 2010 at 1:06 pm

    Hi,

    I am looking towards refinancing my home. I took a loan from PB in 2002 with the current rate running at BLR+0.6%. My loan was for 20 years and it has now reached 8th year. It is no longer under lock in period.

    My house is at Kesuma Lakes, Beranang,Selangor. A double storey terrace house with a land area of 2234sqf and built up of 2100sqf. It is about 5 miniutes from TESCO Semenyih.

    I took a loan for RM161K and now have a balance of RM90k. I am looking for refinancing of RM200k.

    Could you kindly advise what will be the best package for me?

    Many thanks.

    Govindan

  12. norsham December 24, 2010 at 2:02 pm

    i’m thinking to refinance my house. my house is almost 10 yrs using maybank housing loan. can i know which financing loan is the best now…tq..

  13. Jimmy Choo January 2, 2011 at 10:49 am

    My existing house was first purchased in 1996 and it was then refinanced to UOB at end 2007. Currently I am planning to withdraw from EPF to reduce the loan balance then refinance the house. Main purpose if to get some cash for clearing debts. My queries are:-
    1. Is this a feasible idea?
    2. Is it advisable to refinance within UOB or to look for another bank, in term of timeline and charges?
    3. I am currently 50yo. How many years of repayment am I eligible for please?
    Would appreciate if you could advise on the above queries please.
    Thanks and regards.

    • Melissa January 6, 2011 at 3:27 pm

      Dear Jimmy,

      I had PM you.TQ.

  14. Jimmy Choo January 2, 2011 at 10:52 am

    019-

  15. Zarina January 4, 2011 at 3:20 am

    Hi, i am thinking about refinancing my house that i bought in 2005 at RM205,000. I take a loan RM180,000 with Public Bank.

    I need extra money to complete another house that in Sungai Buluh (estimate another RM50k only). Are you able to advise on my house refinancing.

    thanks zaRina

    • Melissa January 6, 2011 at 3:22 pm

      Hi Zarina,

      I had Pm you.TQ.

  16. V January 8, 2011 at 1:42 am

    Hi Melissa

    I’m staying with my family now and plan to make some renovations on it. I’m a private sector worker, earn less than RM2000 a month. So any good suggestion? Thanks.

    • Melissa January 10, 2011 at 1:53 pm

      Hi V, i already PM you.TQ

  17. Puvan January 10, 2011 at 12:39 am

    Hi

    I bought a condo in year 2007 for 160K and lock in period over in January 2013. The price had appreciated quite a lot. Can I refinance with the same bank without occurring penalties, legal fees and stamp duty?

    Thanks,
    Puvan

    • Melissa January 10, 2011 at 1:52 pm

      Hi Puvan, i already PM you.TQ

  18. Miza January 13, 2011 at 8:41 am

    Hi

    I am currently looking for the best option to refinance my house for the lower rate and some cash. Bought in year 2002 for RM98K and lock period over in 5 years.

    Thanks & Regards.

    Miza

    • Melissa January 16, 2011 at 4:18 pm

      Dear miza, I already PM you.TQ.

  19. Wan January 14, 2011 at 3:17 am

    Hi, I am looking for good refinancing package with ZERO ENTRY COST. Now, I’m taking company loan which is no locking period. I bought the house in 2008, terrace house in Cheras area. Appreciate ur advice..
    Thanks

    • Melissa January 16, 2011 at 4:16 pm

      Dear nurul, I already PM you.TQ.

  20. yaya January 14, 2011 at 3:51 am

    Hello,
    I’m considering refinance with other bank. I want to maintain loan turnure but less interest/installment. Completed my lock up period last year. Bought the house y2005 with 200K loan. Pls PM the consultation charges. Thanks.

    • Melissa January 16, 2011 at 4:15 pm

      Dear yaya, I already PM you.TQ.

Comments are closed.