(35 quotes found)
“If you are lagging behind in your housing loan payments due to some financial reasons, do not avoid the problem and call up your bank to negotiate the payment terms...”
Zeng Han Jun
“Choosing a house to buy is easy. The difficulty lies in getting approval for your housing loan application.”
“Asking others to decide if you are suitable for fixed or floating rate housing loan is useless. Remember, the loan belongs to you, so you decide if you want fixed or floating...”
“You should not leave your housing loan aside after getting it. Learn to keep track of it every six months, or retain an advisor, such as a mortgage consultant or broker who can help you to do it. You will realize you can save quite a large sum of money throughout your loan tenure.”
““Yes, you can save money by refinancing. However it is actually a waste of your money if you refinance too often, therefore it is always wise to have your personal mortgage consultant or broker to advise you, to prevent you against that...””
“Being alert to the terms and conditions of your existing home loan can prevent nasty consequences to you in the future when you refinance.”
“Ten out of ten banks will underwrite their home loan in the same way, to protect themselves, but does that mean as a consumer, you can do nothing about it?”
“Your home loan may be the largest ticket item of your life. It is therefore logical and sensible to pay the most attention to it.”
“Leveraging on debts is definitely a useful method for gaining more wealth. The issue is, do you have your own set of risk management system to ensure you do not take on more debts than needed?”
“The interest rates are at its lowest point now because of the economic turmoil. People in the market are going for floating housing loans because the combination of both the teaser rate and low interest rate, result in initial rates that are irresistible. I advise against you against that ...”
