Edited

This post has been edited by pino88: Nov 14 2013, 04:17 PM

[quote=thomas.tan,Nov 14 2013, 10:51 AM]

Hi Thomas,

Appreciate your prompt reply.

---you can revised anytime as long as your income sufficient to support the loan repayment. You may move your loan to other bank, cost involved Loan Agreement Fees, Stamp Duty & Valuation Fees.---

Does it mean if i appeal to same bank (OCBC) after 3 years I still need to pay for the Loan Agreement Fees, Stamp Duty & Valuation Fees?


---put the lawyer fees into the loan is for higher commission, just put back the money you suppose to pay into the loan account will avoid the interest charges on the particular extra amount. He extend the tenure to 35 years is to make the application more secure. You can pay $1878 monthly for 25 yrs instead of $1587 for 35 yrs. Any how he is a good banker, appreciate the work he has done for you.

That’s why at the first place I said I will pay separately for the lawyer fee as I know I have to pay extra interest rate thus he still put it in. as for the 35years, its too long for me. I mentioned to him earlier to put 25years, if bank approved then only 30years. But now ended up 35 years. Im speechless ler..