The bank officer is obliged before conclusion of a loan agreement to explain all the relevant conditions of the loan agreement and obligations involved in borrowing to meet the requirement on responsible lending and provision of a warning and to help the borrower make an informed loan decision.
Your choice on using the loan will probably be produced by the applicant, who, on the basis of the supplied information shall evaluate suitability of this loan product and conditions to his loan interest and economic condition and will be responsible for the results of getting into the mortgage agreement.
We urge the applicant to thoroughly examine the conditions associated with the loan contract become determined, the feasible effects of using the loan while the enclosed information. When you have more concerns, please contact the lender officers for explanations and extra information. Please contact your nearest SEB branch, to have the answers.
whenever examining the mortgage agreement, it is essential to give consideration particularly towards the following
1. Amount and money regarding the applied loan (see clause 1.1 associated with contract)
2. Loan disbursement term (see clause 1.2.3 of this contract), including informative data on whether or not the applied loan is disbursed in a swelling amount or perhaps in instalments (see clause 1.2.1 for the contract) and whether this involves fulfilment of extra conditions by the borrower (presentation of extra agreements, invoices, etc., see clause 1.2.2 regarding the contract). If the agreed disbursement term has expired or even the extra conditions to loan disbursement haven’t been satisfied, the financial institution shall never be obliged to disburse the mortgage. Devamını oku