well say, me too if they don't offer 90% I'll give up also

Yes, the 85% is killing me!!
If you give up, can i know from which bank you target to have their rejection letter?

If you give up now, will they refund the 5k to u??
-100 for processing fee??

i have the same concern too as i also get 85% frm hlb..

Yes, they should refund 5k deduct 100 for CC fee otherwise it's time for consumer tribunal

Er...tat seems like a long process....

that's the only way we can do

nola
developer wont want problem
they happy refund to u and sell to other higher price

ya, true but then I hope the new taker can secure their higher price loan ....

haha

Jacob, we need to give 2 rejection letters right?

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Added on July 3, 2012, 3:51 pmhello, as far as i know, 100 is for those booking fee paid by CC, not for processing. if pay cheque, you should get full refund.

This post has been edited by Wk24: Jul 3 2012, 03:51 PM

So u mean that if my loan is only approved at 85% and OCBC's quota full I can request for a full refund of 5000 if I pay by cheque and cash??

better ask SA for a confirm answer..

Yes I think so we need 2 rejection letters...
but then those banker just don't bother to give u reject letter

If you want to cancel the booking, you need to present 2 rejection letters from bank to show to the developer that you cant get the loan. So with such letters, they will full refund you if you pay by cash/cheque or RM5000 - RM100 if pay by CC. (anyone pls feel free to correct if I'm wrong)

If your loan approved for 85%, that one consider your application accepted not rejected, so i dont think bank will issue you a rejection letter if you dont sign their offer.

Maybe u can bring the 85% LO to show to developer that you have no money to pay for the 5%. I remember my SA told me that this can be a prove we not able to get 90% loan hence they shud refund. Please confirm with SA and let us know here....

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Added on July 3, 2012, 4:23 pmWho got approval from AMBANK here?

This post has been edited by mcken: Jul 3 2012, 04:23 PM

Suddenly feel like kena fool btw the developer & the bankers.

1/ OCBC full but yet dont issue rejection letter.
2/ HLB active, will approve, but only 85% with 30years only.
3/ others bank like no care to do your business.
4/ dont no where to find these 2 rejection letters!!

Did verbal approval counts? Bad rate and appealing.

I agree with you.
OCBC-Quota full and cant proceed further does consider a reject
HLB-Buyer apply 90% but they reject only approve 85% only is also consider a reject.

If like this also dun consider a reject, then can someone tell me the definition of reject?

90%? wats the rate?