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  • Profile photo of Mr SatanMr Satan
    Member
    @mr-satan
    Join Date: 2005
    Post Count: 2

    * lenders may not accept the property for security

    * may have restriction on reno the property

    * may have attached conditions when selling the property

    Profile photo of Mr SatanMr Satan
    Member
    @mr-satan
    Join Date: 2005
    Post Count: 2

    Hi eecchhoo,

    Talk with your lender, even you need a loan of $220K, you still can apply for $250K to meet the 0.7% discount benefit, and left the extra $$$ in the loan account to avoid interest.

    Regards,
    Satan.

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