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TOPIC: Commercial loan

Commercial loan 1 year, 3 months ago #19133

Hi,

Anybody can advise what is the best margin and interest rate I can get for a commercial property loan.
The property is a shoplot at rm 750k

Thank you.

Re:Commercial loan 1 year, 3 months ago #19136

CIMB commercial Property loan

#loan margin 85% + 5%
#loan tenure 30 years or till 70 years old whichever earlier
#BLR-1.9

**above info subject to change in the future, info is correct at time published**


_________________
Victor
CIMB Mortgage Advisor
Last Edit: 1 year, 2 months ago by helpdesk.

Re:Commercial loan 1 year, 3 months ago #19137

whats the + 5% on the margin ?

Re:Commercial loan 1 year, 3 months ago #19142

Hi,

Alliance bank do offer

#loan margin 85% + 5% (MRTA + FEC)
#BLR-1.9.
#3 years lock-in period.

Thank you.

Best Regards
Daniel Lim
Alliance bank Mid Valley
Last Edit: 1 year, 2 months ago by helpdesk.

Re:Commercial loan 1 year, 2 months ago #19150

Thank you Daniel/Victor.

Are all commercial loans floating. Are there any fixed rate commercial loans available?
Can any banker advice?

Re:Commercial loan 1 year, 2 months ago #19151

Kartz YK wrote:
whats the + 5% on the margin ?


That +5% is for your loan agreement legal fees, valuation fees, MRTA
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