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BSN Mortgage Bonanza

October 29, 2008

The much worried increase in mortgage lending rates (Base Lending Rate or BLR) of Banking Institutions did not happened as predicted resulting the Overnight Policy Rate remains at 3.5%, and BLR for now, stays at the same figure of 6.75%; at least for the time being.

Regardless of what is happening, Malaysian lenders has continued to offer many attractive home loan packages with special features, giving spoilt choices for the people dreaming to get their dream home.

One such innovative step has been taken by Bank Simpanan Nasional (BSN) and its’ evidence could be seen in the bank’s MORTGAGE BONANZA offering Islamic Financing rate as low as 5.99%; perhaps the first such low fixed rate for Islamic Banks.

The package is applicable for loan requirements/benefits as below:-

For completed properties; margin of financing up to *95%; Minimum loan amount RM200,000 and Property value of at least RM220,000

Or in other familliar form:-

NZEC, C, MRTA, LA >= RM200,000, PV >= RM220,000

Any enquiries, please do email at homeloan2u@yahoo.com

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