Bro.this four bank that you applied ady in EF. I ady submitt to my bankers friend by last two weeks ago. Better dun submit to mortgages broker, they are slow.

i js got approval from CIMB. BLR-2.4%.

Jus reject CIMB cos they offer me -2.2 blr, while public bank offer, -2.5 1st year, -2.45 2nd year and -2.4 for the rest

Hey Guy,

I've tried PBB and Maybank. PBB giving 80% of loan and Maybank loan limit full for this project.

Shall we gather together liaise with developer. Because they promised 90% of home loan can be obtain from panel banks. But, this is not the case and wasted our time.

Here is the problem most of the bankers feel ,that this project is on 30 to 40% higher in cost comparatively to other similar projects within the vicinity and most of buyers will only qualify 80% loan ,may be the developer need to reconsider further discount to make it viable for the buyers to acquire the 90% loans failing which the buyers going to have a hard time getting loans, and for your info 2012 the banks are going to be very stringent in property loans  .
I also realized that all the buyers are having similar problem in this forum

Actually just curious how many person have successfully loan 90%????Anyone??????
Because i remember when i ask the SA, he said if cant get 90%, then we can refer back to him, or we can take Fabio's suggestion put some pressure on developer to lower the price, since this is a non DIBS project with no high percentage of getting 90% loan.......................

I get 90% loan from CIMB. Better dun let SA know ur loan can't get 90%. coz last time SA told me that, if can't get 90%, still consider loan approved and u can't get the refund.

So I'm use back all my banker friends. I submitted to UOB, CIMB, MBB, Alliance, PBB, HLB and OCBC. If u tell SA u can't get the loan, they also can't help u. Coz the approving authority is from the bank's underwritter.

Hello, everyone. For all ur info, pls submit all ur loan before 1st of January. Coz the bank will calculate net income start from this date. Make sure all ur banker submit it by tml. My advice is, submit to all the panel bank.wish u all Gd luck

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Added on December 30, 2011, 1:15 am

BLR -2.4%, no lock in period. 90% loan amount. I still waiting Alliance..which bank u ady submit??

My LO haven't out yet. But this is my friend, so he won't lie me lo. Submit to Alliance bank too lah. It more linear to the approval. The DSR( total commitment divided by total income) is higher.

DSR for
CIMB is 65%
UOB is 40%
PPB is 50%
MBB is 50%
alliance is 70%
HLB is 50%

If ur DSR is higher that the scheme, the bank will cut down ur margin of finance.

I can't deny that the applicant might be the contribution factors to the low MA but from the reason I gather in LYN the major contributing factor was the price and title(I might be wrong just my assumption from the feedback here), my point of view is y it takes so much time for our loan to approve? UOA which launch later than us already sign s&p with most of them getting the MA expected. Again I was just curious..........

Actually can you enlighten us what is price per sqft for the property you mention above? Anyone price at 500per sqft?

Yes, I also received the panel banker list, but again I hope the developer to show me the supporting document, but not talk only like last time the SA tell me got 14 over bank in the list, but when I ask which bank have successful case only a few are mention

so this means all those utility bill rate like water and electric bill rate also follow commercial rate?

I agree with u. I Js check my booking form. It din stated what brands of washing and dryer machine. I Js scare they will give the cheap 1.

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.

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%).

I went there last saturday, the brand of the items were not given even when we sign SnP. But i suggest them to add in some additional information such as the capacity of the items offered. I must admit they have a quite knowledgeable and professional PR, yet they didnt answer my question directly, hehe..... They said wont let us down in a medium range product woh, because they want to built their name in the market(But i tell the PR they havent actually deliver any high end product, even the treez is still under construction) The official name of The Leaf submit to DBKL is Dedaun, so the address probably will be Dedaun....................
Actually i also found other launched project such as UOA didnt face any financial margin problem, as we all face here.............But anyway lastest update from HSBC is -2.45 Blr and doesnt require MRTA, will go to have a look on the offer letter tomorrow

u can go to HSBC in connaught, there is a banker over there, iin charge of housing loan

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Added on January 4, 2012, 11:28 pm

haha, ya right. that time wat they wan to do is to sell the houses, so of cos they will say 90% sure can, the SA even told us the loan can go up to 100%. Somemore, when we went to ask bout the bankers, they said got 11 bankers and they will have one day for us to sit together and discuss with all the bankers...... but, mana ada???

so, again, sales person cannot be fully trusted

I got a banker friend work in HSBC tmn connaught branch at cheras..

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Added on January 5, 2012, 2:18 pmcan you all share why you all choose this property or not?

My reason is:
1) freehold
2) a gd concept for this building
3) althought  the developer quite new but previously it is timber company and his has been long in the market, so i trust our cabinet will quite gd
4) location gd, easy to access to Sunway, 1 utama, mid valley , KLCC and will be a extension highway connect to MRR2 (most important is this area not fully cover by the toll, go where also can skip toll)
5) its near to kuchai, all the food and beverage there and all banking facilities there too

Js only few concern about, Price is higher almost RM 80psf then UOA project, the old shop around that area and the address is Sg. Besi (seem not sound gd)

I dunno whether the price will be increase or not??if really no, then i stay there lo. I think that is quite gd to stay here too.