Asked by Anonymous
Hi my question is about the timeline about unpledging.
My condo i would like to buy is around 1mil (after adding BSD + lawyers fee)
5% deposit - ard 50k
15% - ard 150K
lawyers - 3k
BSD - around 25k
I will need to unpledge to increase my loan amount. my question is when exactly does the bank require us to show the amount in the bank?
i understand it is twice - once before loan disembursement and 3 months later again.
for the first time - is it before we pay the 15% + SD + laywer's fee or after we pay the 15%+ SD + lawyer's fee.
thank you vm.
My condo i would like to buy is around 1mil (after adding BSD + lawyers fee)
5% deposit - ard 50k
15% - ard 150K
lawyers - 3k
BSD - around 25k
I will need to unpledge to increase my loan amount. my question is when exactly does the bank require us to show the amount in the bank?
i understand it is twice - once before loan disembursement and 3 months later again.
for the first time - is it before we pay the 15% + SD + laywer's fee or after we pay the 15%+ SD + lawyer's fee.
thank you vm.
1648 views