I have a quick question about so-called 107% loans (house purchase cost + transaction expenses).
It looks like the final miscellaneous expenses figure will be slightly under the amount that the bank approved in the 本審査. (It’s not a big difference: the insurance quote came in slightly under budget, and the original 諸費用estimate includes the cost of a paper contract, but the contract will be electronic so no 収入印紙代 is required.)
My question is this. Am I supposed to notify the bank to let them know that 諸費用 will be lower and they should reduce the mortgage amount – or is it OK to just go ahead and borrow the full amount already approved, even though it is slightly above the actual expenses incurred?
by Bob_the_blacksmith