You come earlier a bit also ok, anyway hope you can make it......

Talking to CIMB across the board 80% only, I doubt any majority, only may be small numbers who pledge with FD or other guarantees or collateral,
You guys better get commitment form developers on your 90% loan margin, you all going to get into real bad situation if you don't arrest it now.

Going by the book can the developer sell the property prior to all necessary approvals, kindly enlighten me , need to check with HDA on this any contacts

i scare later the developer say,u want buy u buy,u dun want just go i got alot of costomer waiting.

i think i cant come. I need to go airport by tml. I wish to come. any news, let me know..thanks ya

I got an offer from cimb for 90% blr -2.2 but have not seen the LO. Now waiting from uob and hsbc.

Actually i agree on the need to state the brands of appliances and etc in writing, i wrote it in my booking form when i purchased the unit but was really for my own reference only. Haha

Any one going sales office tomorrow please snap a photo of the banner which list the rm50k worth of fittings. Just as reference and evidence for future use, just in case we end up with some substandard electrical item.
Pls post the photo here.

i think we should have a black and white to protect ourselves, this is the basic protection to every party, or you suggesting us to accept anythg they build, even is not reasonable then just accept lo???

Which bank will approval 90% loan ??? ;( haiz

hey jason. so u submited to Alliance bank and MBB ady??

Brand wasn't stated. This is exactly as in the sales form.

This post has been edited by etseleste: Dec 31 2011, 02:02 AM


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I think look for a project will 'bridge' with one special panel bank which will give better rate and earlier to get approved. Example, Central Residence with Alliance.

Yes i have seen approval letter for 90% from CIMB for this project and not 80% across the board.
I am a banker, investor and purchaser of the Leafz. Approval of 90% is based on individual financial standing and commitment and can be subjective. I believe all bank's are very cautious now with more stringent guidelines from BNM. If you need 90%, you need to provide more back up funds, savings, investments or get a related joint borrower. Pls PM me if you need assistance, I can get some reliable cimb managers to contact u. Also try to apply a few banks to see which one offer 90%? Remember Non of the sales officer can approve your loan!! Must get the approval letter and don't believe verbal promises!

Anyone get 90% loan from bank( exclude CIMB)?

Krif, both are HSBC & MBB, hear from u soon...

Money2 is right about that, personal financial standing status and commitments are the major concern that all banks will look into it generally before offering margin finance rate to borrowers. So if the borrowers have good/stable income + less commitments then he/she should be able to get the higher margin finance rate (90%).

So did u confirm the brands of the washing machine and other thing that the developer giving us

This is true but it is confirmed UOB, PBE & OCBC approve 80% for this project across the board. For those who want 90%, u would have to apply other banks. Michelle called me today to say that they would be appealing to UOB & OCBC to increase the MOF to 90% but I wouldn't pin so much hope on it. And god knows how long would it take. And she also confirmed the project is under HDA so by right maximum margin should be 90% as we are not buying shop-offices or retail lots. I would understand the capping approval of 80% only if it is not under HDA scheme. Waste of time have to resubmit to other banks.

I already submitted . Last time I loan my condo only take 2 weeks but now ;( haiz

CIMB only approved 80% while I got 90% from MBB, will get the LO on next Wed.

Coz year end ady. Most of the ppl take leave. So the processing will be slower

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Added on December 31, 2011, 8:05 pmFor all ur info, I have check with MBB banker friend. He said that, the loan cap for it ady full. My friend ady email to get the approval for increase the loan limit. For the ppl haven't submit to the MBB, dun submit it 1st.

This post has been edited by krif: Dec 31 2011, 08:05 PM