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Financial How long time to have loan approve?, For public bank
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cfa28
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 Jun 2 2014, 11:29 PM
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Normally, offer letter max is 1-week. U will know either approved.or rejected.
In your case, the complication.could be cos joint loan with non spouse or family member.
Also can be that your credit strength not very good. Either way, u should follow up with your bank sales agent.
Rare that u apply from so many banks and all delay in issue offer. Or rejected letter.
Issue could be with your developer or project. Which project is this
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RenuPlus
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Jun 3 2014, 12:08 AM
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QUOTE(HappyGuy @ Jun 3 2009, 10:45 PM) Hi, I was told by public bank agent that the bank need to take 1 week to approve the loan and another one week to issue the offer letter. Is it normal to take that long time? The developer asked me to sign S&P within 2 weeks from booking date, but how can I sign the S&P before secure the loan because I need to wait 2 weeks for the PB offer letter. Can we delay the time for sigining S&P? Or ask the agent to speed up the process? The other banks like OCBC and stand chart seems can get the offer letter within 1 week. Thanks a lot for the advise. You can just write to developer to extend the booking validity..mine also took around 1 week which is equivalent to 5 working days to approve the loan..subsequently, the banker still need to do appeal to get better rates..there goes another 2 more days.. I wrote to developer to request for extension..you can try that too..my sales agent is very good..she even gave me the template for the extension..I just need to sign on the letter only..lol... |
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bangla1malaysia
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Jun 3 2014, 04:04 PM
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New Member
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you guys are answering a question that posted exactly literally 5 years ago...
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nas787
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Jun 3 2014, 04:59 PM
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Getting Started
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QUOTE(bangla1malaysia @ Jun 3 2014, 04:04 PM) you guys are answering a question that posted exactly literally 5 years ago... lol....hillariousssssss  |
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