Absa
Be careful applying for building loan with ABSA
I've applied for a building loan in May. A loan of R500 000 was approved 1 June. I was told that I have to pay the R205 000 out of my funds and then I can request the R500 000 for payment from the bank. Exactly what I did, when I requested the first progress payment on 1 October, I was told that ...