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Old 22-04-2019, 12:17 AM   #2701
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Is there any way around the max of 75% ltv?
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Old 22-04-2019, 08:11 AM   #2702
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Is there any way around the max of 75% ltv?
Can show $ to the bank help?
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Old 22-04-2019, 02:13 PM   #2703
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Can show $ to the bank help?
Yes, it does.
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Old 24-04-2019, 04:35 PM   #2704
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I'm getting AIP for home loan.

currently debating between DBS or OCBC, FHR vs SIBOR.


At the end of the day, borrowers always wants the best deal although FI always win.



What's your advice?

In addition, whats the extra perks or savings we can get from brokers as compared with direct bank?
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Old 24-04-2019, 06:57 PM   #2705
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I'm getting AIP for home loan.

currently debating between DBS or OCBC, FHR vs SIBOR.


At the end of the day, borrowers always wants the best deal although FI always win.



What's your advice?

In addition, whats the extra perks or savings we can get from brokers as compared with direct bank?
Hi bro,
Instead of comparing yourself which entails up to 16 banks, why don't you engage a broker instead which is generally free.

Sometimes, you can even access to privilege/special rates that are generally made available to the general public.
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Old 25-04-2019, 12:21 PM   #2706
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1) Stick with DBS FHR9 + 1.15% margin, OR
2) Reprice for free to DBS FHR8 + 1.25% margin OR
3) Refinance with new bank?
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Old 25-04-2019, 12:43 PM   #2707
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Is there any way around the max of 75% ltv?
increase sale price . then.

....
undertable discount.
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Old 26-04-2019, 08:07 AM   #2708
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increase sale price . then.

....
undertable discount.
You will end up having to pay more SD.
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Old 26-04-2019, 12:48 PM   #2709
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Any recommendations for financing purchase of residential properties in geylang area? Understand that many banks don't lend to such properties or give very low LTV.. anyone knows any bank that would be willing to finance up to 70% LTV?
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Old 26-04-2019, 02:29 PM   #2710
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Any recommendations for financing purchase of residential properties in geylang area? Understand that many banks don't lend to such properties or give very low LTV.. anyone knows any bank that would be willing to finance up to 70% LTV?
Hi bro,
We have bank that can do your loan.
Do check your inbox, we have PM you.
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Old 26-04-2019, 05:01 PM   #2711
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Hi, would like to check if the law firm normally will quote with mortgage duty included?
Got a quote from a law firm, and the mortgage duty was add on after confirmed.
Just want to check if still reasonable.
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Old 26-04-2019, 05:15 PM   #2712
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Hi, would like to check if the law firm normally will quote with mortgage duty included?
Got a quote from a law firm, and the mortgage duty was add on after confirmed.
Just want to check if still reasonable.
Depend on how you ask the law firm, for e.g. like what is the nett price for the mortgage legal fees?
FYI, law firms do not profit from the mortgage duty, as this is usually paid to IRAS.
If you're not happy with their services, you may consider switching as, there are hundreds of law firms to select from.
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Old 26-04-2019, 05:37 PM   #2713
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Total below 3000 include GST sounds acceptable?

Depend on how you ask the law firm, for e.g. like what is the nett price for the mortgage legal fees?
FYI, law firms do not profit from the mortgage duty, as this is usually paid to IRAS.
If you're not happy with their services, you may consider switching as, there are hundreds of law firms to select from.
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Old 26-04-2019, 06:08 PM   #2714
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Total below 3000 include GST sounds acceptable?
Again depending on:-
1. Type of property (HDB or Condo or landed)?
2. Completed or BUC?
3. Valuation of your property? Anything more than $2m, the legal fees will be higher.


For condo, typically $2k++
For landed $3k++ and above.

Last edited by Unbiasedsg_; 26-04-2019 at 06:12 PM..
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Old 26-04-2019, 07:35 PM   #2715
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Noted. Thanks.

Again depending on:-
1. Type of property (HDB or Condo or landed)?
2. Completed or BUC?
3. Valuation of your property? Anything more than $2m, the legal fees will be higher.


For condo, typically $2k++
For landed $3k++ and above.
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