Wta about mlta. When do we start paying actually? Just refinance a property, n done signing all relevent docs. But it is still in process. The bank agent already asked a 2 month advance.

But to my logic, its still not finalised yet, so y do I need coverage during the process of the refinancing?which to my knowledge can take 3 month or longer. the money is yet to be disbursed, so technically, I still have no commitment to the new bank right?

Is this normal? The bank guy said I took the loan which include the insurance, which is y need to pay now. Is this true? Or I have the right to pay after the money have been disbursed?