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housing loan confusion

309 Views  ⚫  Asked 3 Years Ago
asked on May 28, 2015 at 22:42
by   confuse
I bought a subsales, signed my loan agreement with mbb back in aug2014 and collected the house keys on nov 2014.

I am paying slightly more than my installment amount every month but it will end up at the 'Payment In Advance' balance in my loan account. Hence, I went to the nearest mbb to check. To my surprise, i was told that the installment have not started and i am just paying to serve the interest. The reason is the final loan amount has not release to the bank.

I am currently in dilemma. Please advise what shall i do next other than waiting for the bank to revert?

I am actually using my own lawyer as the loan lawyer but he is just not doing his job right. In fact, my friend appointment him as the spa lawyer and it took more than 10 months to sell his house.
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answered on May 29, 2015 at 14:23
by   vkpc
I am currently in dilemma.
Why is there a dilemma?
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