i applied a housing loan ... margin 45% ... and i definitely qualified for the loan ....

problem is i submitted all the documents on 29 AUG ... until now they havent approve

i had ask the personal banker y take so long ... other banks onli nid 3 working days ... she juz keep saying raya + merdeka ... a lot ppl ambik cuti ... no ppl work

realli b*llshit this bank .... i ask if can call hq to ask them work faster .... she say kenot ... wtf

problem come liao is in my booking form , the due date to gif vendor's lawyer my loan offer letter is today ... n tht stupid RHB stil say havent approved and say dunno when ....

i say if reject oso gif me an answer ... she say konfem approved ... everything konfem ... now juz wait hq update the status in system for them to print the offer letter ...

the reason i didnt apply other bank previously :

1) i had existing loan wif lock in period , thus im proposing i get this new loan from them with the request of waiving the current loan lock in period penalty. coz im gonna sell my current house. ( n this personal banker didnt submit the request , said she gonna do onli after i sign my new offer letter.and she doesnt inform me earlier until i ask her last friday about the status )

2) my mother help me submit the documents. n she gave all the original 1 to the personal banker. n now i dun haf the payslip and other documents. so kenot submit other banks. the original docs the personal banker oso submit sekali to hq. idiot.

any1 can help how can i get them to process faster.

and anyone knew wat will happen if im late in replying vendor's lawyer about my loan status? can they treat me as cancel purchase and burn my deposits?

The biggest mistakes was all original doc submitted to her and I very doubt the banker capability why all the original doc can submitted to HQ. Funny.

Wat u can do is write in to complaint to the RHB HQ and if no immediate action, request for Credit Processing of ur ori docs.

Or, go visit the banker sales office and talk to the manager.

manager oso same pattern. all point finger to hq. when ask how to contact hq , say i cant do so. ask them call , they oso say they cant do anything.

this time realli farked up.

any1 can advise on the due date? now i realli afraid the vendor burn my deposit.

i feel sorry for u bro, i wish i can help but no idea...soli soli

I think the banker and manager have no experience at all. How come they take ppl original copy.

without any valid reason, normally they will burn it if sub sale unit. We called it Ernest money

RHB is known to be slow, extremely slow. The documents are safe but again they are slow. I had similar experience 5 years ago.

If the vendor lawyer call up, tell him the truth and give the banker contact to the lawyer. The lawyer will know what to do with them.

my rhb wait for more than 3 weeks only getting approve. THey are the slowest but they offer very nice interest rate

same here, as long passed, i still got plenty of RHB branches for repayment.

Same situation here. I think most of the local bank is very slow. EVen they claimed they can approve within 3 days.....

I am applying foreign bank now and hopefully can get it approved these two days.

Singapore banks, 3 days can get pre approv.
No joke, they're really fast.

After pre approve, within 1 week can sign loan offer already.
Maybe my background is good?

Buying HDB?

lol... work in rhb...
can let me know which branch? which pb... see can help u not...lol

my recent experience with RHB:

counter service is very slow.

Housing loan approval is the fastest & most attractive rate compare to MBB & PBB. the officer is from Damansara branch, quite nice & good service.

TS, which branch is that? you may make a complain to the area manager if you want.

Beg to disagree. The local AxBank is fast

Toook my housingoqn with rhb also..very slow spproving process..

wow...look like really a lot of ppl got bad experience with RHB...

Maybe, as I said MOST of the local bank.

Never try AxBank as I think they are not so keen to offer property loan nowadays.

Bank approval process may be slow due to:

1. Too many applications that need to be processed.
2. KIV which is not being replied by borrower.
3. Branch staff usually slower as they have many products to handle.

You should look for "Mobile Sales" representatives from the Bank. They carry only one product which is Mortgage.

Due date to sign SPA : 14 days after booking.
SPA due date : 90 days after signing of SPA.




This post has been edited by ihackerz: Sep 11 2012, 03:47 PM

lol... need rhb fast... need bm support... will done within a week for less than 1 mil....easy.... and need to base on the hardworking of pb lol