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  • Profile photo of GibbsGibbs
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    @gibbs
    Join Date: 2013
    Post Count: 4
    October 17, 2013 - 8:55 am

    Or do you refer to building docs and land docs? The land was a private sale nothing to do with the building company, however the land and the construction has been rolled up into the 1 loan application through bankwest if that helps

    Profile photo of GibbsGibbs
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    @gibbs
    Join Date: 2013
    Post Count: 4
    October 17, 2013 - 8:44 am

    No just 1 set of docs. 2 dups where sent out, 1 to me the other addressed to my wife. 

    I rang the bank they couldn't answer my question but said the docs look ok. Can't get a hold of my broker.

    we are borrowing 95% so perhaps the bank is making the 88k available and using my deposit to acquire the rest of the land, then make the funds available for construction later?

    Profile photo of GibbsGibbs
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    @gibbs
    Join Date: 2013
    Post Count: 4
    October 17, 2013 - 7:46 am

    Yes the application was for both land and construction. Total came to $410k of that the land is $109k. Settlement is asking for almost $25k

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