Investment SUNWAY BELFIELD RESIDENCE KUALA LUMPUR, Sunway gearing up for 2020 New Launch
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 Mar 13 2021, 08:08 PM
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#1
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Junior Member
6 posts Joined: Oct 2012 
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Dear all high hand here, I just signed my spa and other required documents even loan offer before CNY but only left Loan Agreement not yet sign. Just want to know will it cause an issue for me if my spa is stamp and my loan agreement haven’t signed yet.
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Mar 13 2021, 08:47 PM
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#2
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Junior Member
6 posts Joined: Oct 2012
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QUOTE(DragonReine @ Mar 13 2021, 08:34 PM) No issues, loan agreement is basically a formal agreement between your bank and you as the borrower on the legal requirements/obligations you owe to each other and what actions you and the bank can take if got problems with loan disbursement and loan repayment. I see thanks for the explanation. was worrying this will cause the late payment issue to the developer.In fact the bank will need copy of signed and stamped SPA to finalise your facilities documents anyway  loan agreement usually one of the last few documents to be signed because they need information like your loan offer letter and SPA. |
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