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2 years2 years
justsayoh posted:
Need help on bank loan and progress payment
justsayoh posted:Need help on bank loan and progress payment
Thank you for the reply!
The thing is mine is affordable housing directly from the gov, the builder is nominated by land agency, which means I can't switch to another builder.
The…
2 years2 yearsjustsayoh posted:
Need help on bank loan and progress payment
justsayoh posted:Need help on bank loan and progress payment
In short, Westpac now isn't happy with the current progress payment:
Deposit: 10%
Base: 15%
Frame: 20%
LockUp: 35%
Fixing: 15%
Completion: 5%
And the builder isn't willing to change it either.
Now I don't know what to…
Joined homeone
28 February 2022
