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This is clearly a completion mortgage. So you don't need to worry about down payment to the bank before completion.& k& H( u! z: E
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As for the deposit amount, it entirely depends on the builder. My builder asked for 15% deposit, when I chose completion mortgage. That's the norm. Other builders may ask less, as a promotion tactic.
If your bank offers you a mortgage of 80% of the house value, you have to take another 15% out of your pocket. (If the appraisal value was less than your purchase price, you need to have even more cash in hand for completion)
16#shanghai $ E I9 c$ j! Y R- d+ i 8 h+ w# [5 a }# T$ V / w b& R' A& n/ |. m, i2 K# x5 KLandmark's deposit is 5000 dollars. The deposit will return to you only when you cannot get mortgage. If your downpayment is 5 %, you have to pay all the 5 % to landmark one time. If your downpayment is 20%, you can pay to them in three times. The deposit will include in the first payment.