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Chan Cheu
5 Posts
Chan Cheu
5 Posts
Junior Member

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Chan Cheu

Joined 3 September 2021
Junior Member
3 years3 yearsChan CheuChan Cheu posted:
Land Loan first and Construction Loan Later (Does it work?)

Thanks .Yes it has been a year and half since i bought a land and paying my morgage repayment and now refinance for construction loan which is $185000 and paid…

3 years3 yearsChan CheuChan Cheu posted:
Land Loan first and Construction Loan Later (Does it work?)

Mine is less than land price when i purchased the land $200000 put deposit 10% ,And paid LMI $3034
When i apply contruction bank valuation is $400k The construction price…

3 years3 yearsChan CheuChan Cheu posted:
LMI for Construction loan

Thanks It looks like i paid for both.The house is under construction at frame stage now and on the loan contract LMI amount is more than Land loan i have…

3 years3 yearsChan CheuChan Cheu posted:
Land Loan first and Construction Loan Later (Does it work?)

I just want to know when i buy a land and paid LMI for land amount $180000 and then for construction loan if i put deposit 10% Do i need…

3 years3 yearsChan CheuChan Cheu posted:
LMI for Construction loan

I just want to know when i buy a land and paid LMI for land amount $180000 and then for construction loan if i put deposit 10% Do i need…

Joined homeone
3 September 2021

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