Results 1 to 3 of 3

Thread: After the TOP of the project...what is the term for the loan fully redeemed?

  1. #1
    Join Date
    Jun 2011
    Posts
    207

    Default After the TOP of the project...what is the term for the loan fully redeemed?

    so after TOP...the loan by the buyers for the 15% is fully disbursed...what is the term for this? how long does it take for the loan to be fully disbursed?

  2. #2
    Join Date
    Sep 2014
    Posts
    299

    Default

    CSC. It depends on how fast BCA gives the green light and from there developer will then request for the final disbursement from the bank.

  3. #3
    Join Date
    Jun 2011
    Posts
    207

    Default

    Quote Originally Posted by MortgageGuru View Post
    CSC. It depends on how fast BCA gives the green light and from there developer will then request for the final disbursement from the bank.
    I was told by my banker..if the 15% after TOP not fully drawn out by seller account...me the buyer legal fee will be more...is it true?

    But how does the buyer side know since they might not use the same lawyer when they buy few yrs back and selling now

Similar Threads

  1. Need your Help - Refinance of Term Loan
    By FREDDIE in forum Finance and Legal
    Replies: 5
    -: 01-10-14, 21:35
  2. DBS Assetline (Term Loan)
    By wildfaye29 in forum Finance and Legal
    Replies: 27
    -: 26-03-13, 11:42
  3. Fifth Charge Term Loan
    By jbond in forum Finance and Legal
    Replies: 0
    -: 15-10-10, 19:56
  4. Getting a term loan or an overdraft to invest? How much is enough?
    By Zeng Han Jun in forum Finance and Legal
    Replies: 0
    -: 25-11-08, 00:35

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •