i sign the loan offer letter 4 days ago, the bank still have not send a letter of instruction
to the lawyer.
normally how long does this take ?
how long for bank to issue, letter of instruction
how long for bank to issue, letter of instruction
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Feb 8 2010, 02:45 PM, updated 16y ago
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#1
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Senior Member
2,276 posts Joined: Jan 2003 From: subang, sunway, puchong, pj -- does_this_annoy_you? |
i sign the loan offer letter 4 days ago, the bank still have not send a letter of instruction
to the lawyer. normally how long does this take ? |
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Feb 8 2010, 02:59 PM
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#2
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5,612 posts Joined: Jan 2009 |
should be just a week.......max
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Feb 8 2010, 03:51 PM
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#3
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Senior Member
3,705 posts Joined: Jan 2003 From: Planet Earth |
mind explain abit..
Letter of Instruction = ? Letter of Undertaking = ? |
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Feb 8 2010, 04:01 PM
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#4
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3,188 posts Joined: Jul 2007 From: A place called "home" |
i signed the letter of offer on nov 11 (but submitted abit later by the mortgage broker) and the letter of instruction to do the loan agreement was only out on nov 26
Added on February 8, 2010, 4:02 pm QUOTE(areankim @ Feb 8 2010, 03:51 PM) letter of instruction is from the bank to ask the lawyer to prepare loan agreementletter of undertaking is from the lawyer to ask the bank to drawdown loan This post has been edited by leongal: Feb 8 2010, 04:02 PM |
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Feb 8 2010, 05:15 PM
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#5
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1,475 posts Joined: Dec 2006 From: Paradise |
last time mine took 2 weeks
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Feb 24 2010, 09:53 PM
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#6
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15 posts Joined: Dec 2006 |
[quote=dvinez,Feb 8 2010, 05:15 PM]
last time mine took 2 weeks [/quote for extreme, i can even send out letter of instruction before u signing letter offer.lol.. back to serious, once we accept a offer from customer, immediately i can send out L.I. its just by a click of button. hence it take no more then 5 second. atleast that is my bank. feel free to ask further. |
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Feb 24 2010, 11:19 PM
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#7
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Senior Member
3,188 posts Joined: Jul 2007 From: A place called "home" |
which bank? This post has been edited by leongal: Feb 24 2010, 11:20 PM |
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Feb 25 2010, 12:34 AM
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#8
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732 posts Joined: May 2008 |
mine 2 weeks only
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