Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

views
     
adli8
post Feb 12 2016, 06:26 PM

Getting Started
**
Junior Member
128 posts

Joined: Dec 2008
Hi guys. Really need an advise. I sign SNP on 1 November 2010. Lock in period for my loan is 5 years after the first drawdown which is on 1 APril 2011. so if I want to sell my property, the snp with the new buyer should be dated 1 APril 2016, if i want to escape the lock in period of 5 years. is that the right way of calculate the lock in period.?thanks.
adli8
post Feb 12 2016, 06:44 PM

Getting Started
**
Junior Member
128 posts

Joined: Dec 2008
Thanks Keith for prompt and clear reply. to recap what you said if i choose to sell it off now, i should be able to escape the 5 year lock period. thanks again.




 

Change to:
| Lo-Fi Version
0.0427sec    0.26    7 queries    GZIP Disabled
Time is now: 3rd December 2025 - 08:54 AM