Nov 11 2017, 10:11 AM
QUOTE(kennykck @ Nov 9 2017, 11:00 PM)
Just received stamp S&P for under development house. The lawyer said will send loan document to bank to sign.
So when do I start to serve the interest payment? Wait until bank to send letter then only need to start pay? Dunno how is the actual process.
Yes, your understanding is correct. The bank will send a letter to notify on your housing loan bank account. When your account is active, the details of the loan ie. sum of payment and due date will be indicated. Nowadays everything is online so you can check the loan details online.So when do I start to serve the interest payment? Wait until bank to send letter then only need to start pay? Dunno how is the actual process.
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