QUOTE(poker @ Jan 4 2017, 02:48 PM)
Is it 'standard' or 'normal' for banks to insist that the borrower affirms a statutory declaration that the house is for owner's occupation?
I am getting a loan from CIMB and they are insisting on this provision. I plan to go with another bank if CIMB does not budge on this.
Anyone manage to get this requirement waived by their respective banks for their loans?
nobody will declare the home is for biz or rental.........I am getting a loan from CIMB and they are insisting on this provision. I plan to go with another bank if CIMB does not budge on this.
Anyone manage to get this requirement waived by their respective banks for their loans?
beside you might change your mind over the course of vp....
I think also if its for rental or biz...the margin of finance and interest might be different.
Jan 4 2017, 03:16 PM

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