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Thread: $500k & above loan fixed rate 3 years only need to pay valuation fee for refinancing

  1. #1
    Join Date
    Sep 2014
    Posts
    299

    Default $500k & above loan fixed rate 3 years only need to pay valuation fee for refinancing

    First year 1.48%
    Second year 1.58%
    Third year 1.68%
    Thereafter 0.7% + SIBOR

    only need to pay valuation fee as legal fee absorb by bank.

  2. #2
    Join Date
    May 2012
    Posts
    4,035

    Default

    How come it feels cheaper and cheaper?

    From which bank?

    If port over from other banks what are the costs?

    Can PM me?
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #3
    Join Date
    Oct 2011
    Posts
    290

    Default

    The 3 yr fixed pkg is from BOC.

  4. #4
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default

    Interest Rate going up ????????

    BOC flooded with cash, Chinese cannot use so flood the Whole with the cheap loan.

    Look like the fun has just begun.

  5. #5
    Join Date
    May 2012
    Posts
    4,035

    Default

    Thanks!

    I mentioned about these inflow of China funds in another thread but had no idea they were this aggressive!

    Quote Originally Posted by Khng8 View Post
    The 3 yr fixed pkg is from BOC.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  6. #6
    Join Date
    Sep 2014
    Posts
    299

    Default

    Yes. It's from BOC.

  7. #7
    Join Date
    May 2012
    Posts
    4,035

    Default

    Quote Originally Posted by MortgageGuru View Post
    Yes. It's from BOC.
    Thanks!
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  8. #8
    Join Date
    Jul 2017
    Posts
    7

    Default

    Loan and Project funding program. We offer flexible loans and funding for various projects by passing the usual rigorous procedures.This Funding program allows a client to enjoy low interest payback for as low as 3 – 4% per annum for a period of 2-30 years. We can approve a loan/funding for up to USD 500,000,000.00 or more depending on the nature of business. We are currently funding for:

    * Starting up a Franchise
    * Business Acquisition
    * Business Expansion
    * Commercial Real Estate purchase
    * Contract Execution
    * Personal loan

    We are open to having a good business relationship with you. If you think you have a solid background and idea of making good profit in any venture, please do not hesitate to contact us for possible business co-operation: [email protected]

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