The home loan winner

The 5-cornered fight just ended yesterday.

Miss HSBC went on leave. She will be back from leave today. Too late!

Maybank never entered the race. They DNS-ed (Did Not Start).

UOB was a very strong contender. However, their offer letter needed amendments in the tenure (which they didn’t ask me earlier but did their own assumption). They offered to lower the interest rate by another 0.1% too. But that will take more time, and it is still subject to approval anyway. I felt that I’ve done enough waiting.

Public Bank fought the good fight. But they did not finish the race. They tried very hard and was very persistent in their follow up. Unfortunately, they hit all kinds of snags.

1.  They made me take a picture of my place and send it over to them (which should have been their evaluator’s job, not mine). So I took pictures, and sent it to them.

2.  They asked me to clear my name with Bank Negara, for a mistake that Citibank did. So I got a clearance letter from Citibank and gave it to them.

3.  After that, they made me find a guarantor, just because I had a “history” with Bank Negara (which, even after repeated confirmation, is clearly not my fault). So I found a guarantor, and sent all the relevant documents to them.

4.  Then, they told me that the guarantor has some problem with Bank Negara as well. The guarantor has no idea how that happened. The guarantor suspects that the culprit is Citibank again.

5.  So, Public Bank asked me to wait until 15th April. By then, Bank Negara will have updated my clearance in their database, and I don’t need a guarantor anymore.

You know what I think? I don’t think Bank Negara nor Public Bank can give me any real assurance anyway. Who knows what else will pop up. Bottom line is, even though they can offer -2.3%, I’m done waiting.

And so, the winner that came up on top is…

-2.2%, fully flexible payment, daily rest, no lock down period.

Congratulations. First to issue offer letter. Also, the first to satisfy my needs.

As for Citibank…

They came back from the dead… AGAIN… despite the clearance letter I received from them. Now I have a new outstanding balance from another credit card account. I have no idea how that amount came about, or from where it came from. Yes, it may be just 11 bucks. But it is super irritating. That kind of thing will get you into trouble with Bank Negara all over again.

"You still owe me moneeeeey..."

Citibank should share their secret of multiple resurrections with the medical practice.

Advertisement