QUOTE(uniquesoul @ May 17 2010, 03:27 PM)
Hey members,
hope i can have some advise from you guys. i already paid deposit for a property. A bank has approve my loan,but i do not tend to get loan from them so its just a backup for me. Since i have this CCRIS issue,BN stil have not update their system( slow like snail and not efficient) as they mention to update the system on last sat and fail by today. Is it alright to apply loan to another bank which i prefer? Will they approve my loan without any hassle? Anyway, i need to get my lawyer to prepare the S&P asap, does my lawyer need to know which bank i apply loan from for the S&P drafting? Thanks.
no, your lawyer doesn't have to know the bank where you are gonna get the loan at the point of preparation and signing the s&p, but it is generally safer to get the loan offer before signing (in case you have no loan being approved)hope i can have some advise from you guys. i already paid deposit for a property. A bank has approve my loan,but i do not tend to get loan from them so its just a backup for me. Since i have this CCRIS issue,BN stil have not update their system( slow like snail and not efficient) as they mention to update the system on last sat and fail by today. Is it alright to apply loan to another bank which i prefer? Will they approve my loan without any hassle? Anyway, i need to get my lawyer to prepare the S&P asap, does my lawyer need to know which bank i apply loan from for the S&P drafting? Thanks.
Given that a bank has approve your loan, you have this as back up....so continue to apply while not rejecting this loan immediately
May 17 2010, 05:13 PM

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