shld hv applied with me (pbb) though personally i took up hlbb..

I give up PBB offer as they only offering 90% of nett purchase price. At the end, I sign up OCBC with BLR - 2.4 although it is semi-flexi. They will charge RM10.00 processing fee when redrawing. Other bank will charge RM10.00 every month regardless you redrawing or not.

HL also offering same rate but they forced me to take MRTA. You could considering take Life insurance instead as it is more flexible and cash return and low premium which OCBC could give you the flexibility.

HI can i please have your OCBC contact? am applying with CIMB but i think ocbc 's terms are good ..if you like you could pm me..thanks

I just submitted my document and added another person as guarantor...I m trying to submit to OCBC as well but they are not panel....so they have quota for adhoc basis i guess.

Bklim,

when did you sign your S&P? Did you made booking during the triple fortune or earlier? I lose the promotion for LED TV and the Lucky draw!!! Cos HL approve the loan late and only give out 80%...cant sign on 15th. Some of them loan even not yet approve... Is this is 1 of their tactics to not give out the promotion....

This post has been edited by mcken: Mar 16 2011, 12:52 PM

Correction. I mean I buy Life insurance from my agent not OCBC. You could look for Insurance Broker or agent to propose you Life insurance to you. Btw, I will pm OCBC contact to you.

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Added on March 16, 2011, 1:44 pmDuring I made the booking, I personally submitted the loan application to varoius bank. This is to secure the loan before signing the S&P. Some of bank even could not approve 90% margin and some even to force you to buy MRTA in order to get 90%.

I don't think this is their tactics. Just we may need to do more homework. Definitely, the bank reject or approve lower than 90% when they find out you have too much comittment. I think like what ltcbomd, just try to appeal and negotiate with them whether they could give up to 90%. Just my 2 cent suggestion.

I signed S&P last Friday and loan offer yesterday. Now, I am working to buy the life insurance. Let me know and what I could help from my end although I am not the expert...

This post has been edited by bklim8: Mar 16 2011, 01:44 PM

You got the point.. I only get 80% approval due to too many commitment and there is some delay of other loan re-payment. This will affect the loan dept make the decision. DON TRY TO DELAY YOUR LOAN PAYMENT EVEN NO OUTSTANDING. No such word: Delay better than outstanding. It will make your record worst. This also will affect the interest as well. Honestly, just see how keen the agent / officer help you to do the proposal. I had 3 bank rejected and only 1 bank offer me the loan of 80%...

Viyin...so did you appeal or go ahead with 80%? Which bank isit?

I din to go to appeal and took the 80%.. noted on our commitment status and 3 bank rejected. appeal also cant get.. better don waste time.. it really really hard.. and I bored with calling & chasing.... CIMB Selayang branch.. finally all done and now waiting to get S&P to apply EPF.

Just found out that OCBC is also a panel for Coral project.... finger crossed

is it? I ask before but they say no leh..

when is the next phase going to launch?

Yes...OCBC is one of the panel for Coral. They juz approved my loan today.

I understand they will launch Coris in May. They also going to sell bungalow land instead of build. However, I will recommend you shall further clarify from the developer.

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Added on March 16, 2011, 10:40 pmConfirm. As my loan approved too.

This post has been edited by bklim8: Mar 16 2011, 10:40 PM

What is the rate they offer to u? mine is BLR-2.3%.

Me same...

BLR - 2.4

Hi BKlim,

Is your lock in period 5 years or 3 years?

3 years from the first drawdown. How about yours?

3 years from first drawnout also... heard that the interest will increase to 6.33% or 6.4%..

I m still waiting....but how u can get -2.4. According to my agent, only if lock in period 5 years can get -2.4.