My CIMB approved with -2.2blr, and still waiting for public and uob

Yes, with MRTA. Op for 3 + 5 years, meaning 3 years during construction and 5 years after that.

<500k, that y I was not interested with the offer at all

i just successfully dropped my unit. and i got my RM8000 back.. The service from the admin is very good..

I used my own mortgage broker & I applied to Maybank, UOB, Public & CIMB. However according to her, the EF is not approved yet and hence my application can't be processed.

Anyone's loan is approved with Letter Offer from bank? Just a verbal approval from the banker by telephone call doesn't mean your loan is actually approved. Anyone had signed LO if there is any?

Anybody can shed some light on this? My application has been sitting still for over a week now.

got any good banker recommend?

Mortgage broker aren't necessarily slow. She is my banker as I'm in real estate line. It is confirmed that PBB has EF. Their rates are

1st year BLR - 2.5%, 2nd & 3rd BLR - 2.45%, thereafter is BLR -2.4%.

UOB does not have EF approved yet, and so does HLB. I'm still waiting for answer from CIMB & Maybank, but another forumer told me that CIMB has approved EF.

I'm not happy that the developer Sales & marketing claimed they have numerous banks as their EF few weeks ago, where as of now I've read quite many people in confusion over the bank loan. It causes our application in limbo, moreover the developer expect us to sign the SPA in January. Not very credible.

I submit the loan about 2-3 weeks , only PBB process to mi.....

According to source, they are in the midst of preparing documentation works and S&P signing most likely will be somewhere in Feb 2012, not end of Jan 2012 as mentioned due to CNY season. Here's the banks loan package so far, lock-in period is 3 years:

1) UOB - 2.4% (lock-in period to be changed to 3 years)
2) PBB - 2.5% (1st); 2.45% (2nd-3rd); 2.4% (thereafter), MRTA is compulsory (minimum period is allowed)
3) HSBC - 2.4%
4) MBB - 2.4%
5) CIMB - 2.2%
6) OCBC - No info yet
7) AMBANK - No info yet
8) HLB - No info yet
9) Alliance -  To be confirmed
10) Citibank - To be confirmed
** Please share if anyone has the information on item 6-10, thanks ! 

Seem like PBB is offering a better rate for the 3 years construction period.
But how much is the interest saving from lower rate as the loan has not fully drawdown in the 1st 3 years.
Can someone tell us how to calculate the MRTA?

HSBC and OCBC are in but Citibank... yep, it's more or less the same but choose the full flexi loan is better as there will no one-time setup charges and admin charges for any money withdrawal later. For MRTA, just buy for 10-15 years is enough, by that time u could have paid-off your instalment early based on flexi loan rules.

I received the call from PBB today , they only approval for 80% loan due to The Leafz is under commercial Title.Anyone got others bank that handling the The Leafz so that i can directly contact n pass document to them?

Guys let me give you my 2 cents of advise, the SAs are interested in upselling and promises, keep all conversation documented, plan architect orginal design, water proofing and etc etc, this SAs come and go but the developer can alter without your consent in certain issues, being a advise to residents associations previously, I have come across so many issues where developers walk away freely.

Be proactive and request all in black and white

Hi,

Just wondering if anyone knows there are still units available left for The Leafz?

How can they have different rates for EF? I thought it is standardize?

Btw I just gotten 80% approved for UOB with BLR-2.3%. They said due to this project being commercial, highest is 80%. Seems like PBB.

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.

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.......................

What are your results? 80% as well?
What were the rates CIMB offered u? I'm still waiting for the result from CIMB. Yup, once loan is approved even at 70%, u can't get refund. U can bid farewell to RM8k.