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 Lawyer's Corner v2, One-stop centre for any legal queries

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Arndt
post Apr 8 2012, 09:05 PM

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Hello,

I tried the search function but couldnt find a post related to this matter.

I am a first time house buyer. I went to 4 banks to apply for home loan. Only now that I realised that one of the bank, in the disclosure sheet, it says that if I rejected the loan once offer letter is issued, I had to pay 1% of the total loan (yuran pembatalan). Is this true? Does it apply to all of the banks? None of the bankers did mention to me about this!

FYI, I went to RHB, HSBC, Al Rajhi and also Maybank.

Thanks for any answer.

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