HWZ Forums

Login Register FAQ Mark Forums Read

Do banks issue letters for IPA for housing loans?

Like Tree2Likes
  • 1 Post By firsttimebuyer
  • 1 Post By firsttimebuyer
Reply
 
LinkBack Thread Tools
Old 02-08-2020, 09:36 PM   #1
Senior Member
 
Join Date: Sep 2015
Posts: 1,559
Do banks issue letters for IPA for housing loans?

Do banks issue Letters for IPA (IN principle approval) for housing loan?

Also, is it possible to switch a housing loan officer at a bank?
sgpropertyblog likes this.
firsttimebuyer is offline   Reply With Quote
Old 02-08-2020, 09:44 PM   #2
Member
 
Join Date: May 2018
Posts: 311
Do banks issue Letters for IPA (IN principle approval) for housing loan?
No. Banks dun issue letters for IPA. You can just ask your loan officer to email you tat it's approved with the amount and conditions (if any)

Also, is it possible to switch a housing loan officer at a bank?
Why not? you are the customer, but why want to switch?
PropExpert is offline   Reply With Quote
Old 02-08-2020, 09:54 PM   #3
Arch-Supremacy Member
 
lowzeewee's Avatar
 
Join Date: Jul 2016
Posts: 17,486
I received mine via Whatsapp...
__________________
꺼져라.
lowzeewee is offline   Reply With Quote
Old 02-08-2020, 10:14 PM   #4
Junior Member
 
Join Date: Jul 2020
Posts: 53
Got mine via system generated email by the bank system... It's only the loan tenure and maximum amount that is required at IPA stage?
OneMantou is offline   Reply With Quote
Old 02-08-2020, 10:34 PM   #5
Senior Member
 
Join Date: Sep 2015
Posts: 1,559
No. Banks dun issue letters for IPA. You can just ask your loan officer to email you tat it's approved with the amount and conditions (if any)



Why not? you are the customer, but why want to switch?
The loan officer I am talking to a bit unresponsive. Not say ignore but I feel like just give me the bare minimum.
sgpropertyblog likes this.
firsttimebuyer is offline   Reply With Quote
Old 02-08-2020, 10:37 PM   #6
Member
 
Join Date: May 2018
Posts: 311
The loan officer I am talking to a bit unresponsive. Not say ignore but I feel like just give me the bare minimum.
Give him/her a chance

Probably too busy. Wat if the next officer u changed to is also unresponsive? In any case, if you do need any help in getting IPA can just pm me.
PropExpert is offline   Reply With Quote
Old 03-08-2020, 09:02 AM   #7
Senior Member
 
Join Date: Jun 2019
Posts: 1,036
Do banks issue Letters for IPA (IN principle approval) for housing loan?

Also, is it possible to switch a housing loan officer at a bank?
hi,

no, for IPA by banks, usually is verbal or via watsapp/email.. no letters will be given..may I ask is there any reason why you need the letter? cos most of the time when you buy a private property, the dev/seller don't need to see the IPA letter..

did you find your banker at random? usually those bankers that we work with are very responsive and helpful as we always refer our clients to them.. so if u need any helpful mobile bankers, I can refer mine to you.. they can help to expedite your processing oso..
__________________
Iconic integrated development in the heart of Buangkok
https://bit.ly/sengkanggrandresidence
sgpropertyblog is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On