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 Lock-in Period Penalty Abolished?, Effective 1st July

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shawnk
post Sep 10 2012, 10:21 AM

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QUOTE(thszone @ Sep 10 2012, 08:40 AM)
I'm just wonder, normally lock-in period will start from 1st disbursement from bank to developer, or the full disbursement? (for under construction condominium property)
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It's usually starting from the 1st disbursement if I'm not mistaken as it would trigger your monthly installment to the bank (in full). Confirm through your LO and/or call your loan bank.

 

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