QUOTE(kidd0m @ Dec 8 2020, 01:36 AM)
And make you pay 500 if you dont sign s&p within 2 weeks. Before passing your loan. Go ahead if you have 500 to spare or u 100% sure can get loan.
Hi, I'm not your agent, thus I don't know your full situation. It's best that you clarify back with your own agent or EXSIM.
But from what I read, you are taking about the rm500 canceling fees. Rm500 is if you decides to cancel for whatever reason besides loan rejected. If loan rejected you will get full refund of your booking fees (either rm100 or rm1k).
You paid rm100, If you decide to cancel, rm100 will be fully forfeited. No additional charge (they can't charge you even if wanted to, because how when you only paid rm100?). However, if loan is rejected then rm100 will be fully refunded.
If you paid rm1k for booking fees and you choose to cancel for whatever reason besides loan rejected, then rm500 will be charge. If loan rejected then rm1k will be fully refunded.
The 2 weeks signing you are probably referring to SPA signing timeline. EXSIM will send 1st reminder letter 2 weeks after you paid booking, it's only a reminder. There will be at least 3 reminder before they terminate your booking.
Normally you can get your loan approve or rejected in 1 week, depending on how fast your own agent handle and also the banker.
Again, do check back with your own agent or EXSIM as they understand your situation better.
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This post has been edited by annoymous1234: May 9 2021, 12:05 PM