Comments on: Why banks are being fussy about who they lend to? http://reijb.com/fussy-bank/ Real Estate Investment in Johor Bahru Fri, 16 Dec 2011 14:22:19 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Fauzi http://reijb.com/fussy-bank/comment-page-1/#comment-174 Fauzi Fri, 13 Feb 2009 02:54:09 +0000 http://reijb.com/?p=214#comment-174 I bought a prop last month, HSBC giving me 80% margin, CIMB and Alliance, 75%.. Absolutely they cautious on the pay master capabilities. In order to challenge that, they test potential borrower with low margin.. Sigh.. less money to invest in near future.. :( I bought a prop last month, HSBC giving me 80% margin, CIMB and Alliance, 75%.. Absolutely they cautious on the pay master capabilities. In order to challenge that, they test potential borrower with low margin.. Sigh.. less money to invest in near future.. :(

]]> By: Personal Finance Money Tips Q&A #1 | Personal Finance Money Tips http://reijb.com/fussy-bank/comment-page-1/#comment-80 Personal Finance Money Tips Q&A #1 | Personal Finance Money Tips Thu, 08 Jan 2009 23:01:08 +0000 http://reijb.com/?p=214#comment-80 [...] Every bank is very competitive nowadays. But due to the recent financial crisis, banks are more stringent to approve new loan. [...] [...] Every bank is very competitive nowadays. But due to the recent financial crisis, banks are more stringent to approve new loan. [...]

]]> By: ongkl http://reijb.com/fussy-bank/comment-page-1/#comment-74 ongkl Wed, 07 Jan 2009 12:06:56 +0000 http://reijb.com/?p=214#comment-74 Foreign banks were famous with their "daring" policy of housing loan before the financial crisis. After August 2008 we found out that local banks are more willing to lend. Among them Public Bank and CIMB are now recommended by mortgage brokers. Cheers Foreign banks were famous with their “daring” policy of housing loan before the financial crisis. After August 2008 we found out that local banks are more willing to lend. Among them Public Bank and CIMB are now recommended by mortgage brokers.

Cheers

]]> By: KCLau http://reijb.com/fussy-bank/comment-page-1/#comment-72 KCLau Mon, 05 Jan 2009 03:39:21 +0000 http://reijb.com/?p=214#comment-72 Some banks has shown the sign earlier than others. When I bought a new property (only 2 months from obtaining OC) in October 2008, HSBC refused to loan because the developer is too small, and not listed in their A-list developers. Ironically, HSBC loan the money to a buyer 2 years ago, on the same project! We finally turned to Public Bank and the loan is approved without much hassle, even with a better rates. I think international banks are more cautious. Some banks has shown the sign earlier than others. When I bought a new property (only 2 months from obtaining OC) in October 2008, HSBC refused to loan because the developer is too small, and not listed in their A-list developers. Ironically, HSBC loan the money to a buyer 2 years ago, on the same project!

We finally turned to Public Bank and the loan is approved without much hassle, even with a better rates. I think international banks are more cautious.

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