Browse Forums Home Finance Re: Losing Out due to Bank Lending Policy Changes? 43Nov 03, 2009 4:28 pm PD Marina 42 Mariposa Contract signed 20 July 2009 Permits in 2 Oct 2009 Construction start 22 Oct 2009 www.broquemansion.blogspot.com Re: Losing Out due to Bank Lending Policy Changes? 46Feb 22, 2010 1:28 pm Rizzo wow, really. In the end our lend ended up being 89%, they wouldn't go the extra 1% for some reason. They must have been told to go conservative in advance. It often happens short time before policy restriction announcements. I engaged my builder in December last year and we’ve been working on preliminary drawings for last couple of months. I got a call from the salesperson this morning… 0 603 How much are you ahead in payments compared to where the build is at? Have you fully drawn down the loan? 5 11934 4 14311 |