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This post has been edited by ruben7389: Jul 3 2014, 05:40 AM
OCBC housing Loan, better than other bank?pls debate
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 Jul 3 2014, 05:37 AM
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#1
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1,137 posts Joined: Jan 2009 
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Jul 5 2014, 11:16 PM
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#2
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Has anyone had any issue with ocbc during disbursement stage if the loan?
I heard some get into problem when title under master title. Anyone experience this before can please advise how it was resolved? Thanks |
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Jul 6 2014, 11:35 PM
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QUOTE(gunh @ Jul 6 2014, 06:51 PM) Bank have some criteria before they able to release thr disbursement. Is the developer and lawyer to mske sure all necessary document in order before bank can proceed. All bank is same. In this case, it will not be your responsible should any delay arising in the stage payment disbursement. If delay it's not a problem.... but what if disbursement time they say cannot do.... anyone face that before? |
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Jul 10 2014, 04:45 AM
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#4
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QUOTE(gunh @ Jul 8 2014, 07:59 AM) Bank have certain criteria to meet (paper work must be in order) before releasing the progress payment to the developer. If the balls is delay by the developer itself, I don't see any reason they will be charging you any interest or etc. What's your concern? Heard a lot of scary stories on ocbc loans.... apparently some checks they only do after LO issued so at times even LO issued xan still be diaapproved |
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