Dear captain america,

1. To give you the most concise answer, do settle the loan with ptptn before 28th or 29th. There's a cut off time in between the end of the month for this. Hence, you don't really have much time, if you want your CCRIS on the 10th April to reflect cleared status.

However, with the ccris showing ptptn debt, you can still proceed with the loan submission, given that you have the letters to show you have either settled or restructure the ptptn debt outstanding.

2. Just do it ASAP, it buys you a peaceful mind.

Cheers.

You can use EPF acc 2 to pay off one lump sum or instruct PTPTN to deduct monthly from ur EPF acc 2.

if master title more than 15 years very few banks will do it.

If the developer is not bankrupt then it's still good to get loan for the property.

very difficult. unless government has assigned a specific developer to take over

Dear cclay,

For my advices

1. Master title more than 10 years, usually not many banks would finance the property, or there isn't any bank at all that would do so, except:

a. There is currently a big developer taking over the project

b. The strata title is in the applying process

If the above a and b happens, there's a silver lightning for the loan to be financed and approved

Actually lasttime I already nego with the ptptn staff through the email and they have told me that they will remark it in the system I've restructure my repayment... and I've fulfilled my commitment not sure why it's still shows that I'm having late payment      the staff must be sleeping =.="

No need to wait for the update.

Forgot to inform that officer told me interest rate for my case is still 4.45% as my loan approved before BR revised.

So back to my question.

BR cannot be fixed unless you opted for a fixed rate loan such as AIA fixed rate 4.99%

only two reasons, i guess:
he met a non professional banker who didn't explained clearly or
applicant self interpret   

Your PBB loan is priced at 3.65% (BR) + 0.80% (Spread) with effective rate of 4.45%.  With the BR revised to 3.75%, your effective lending rate won't be 4.45% any more.  Instead it will be revised up accordingly to 4.55% - unless you are telling me that PBB change the spread lower by 10 bps to 0.70%, hence 4.45% but I don't think this is the case.

Ever since PBB had announce the new BR rate, any new offers will immediately increase by 0.1%

So far only pbb and hlb increased the BR. The rest not sure yet

Hi dear,

BLR is set by Bank Negara Malaysia. BR is set by the banks.

CHEERS