Who should I give the down payment for my provident fund loan to buy a house, directly to the bank or to the owner?
In mortgage to buy a house, the down payment is paid to the supervision account of the developer in the loan bank, which is supervised by the local housing authority. The bank will issue a receipt certificate and give it to the developer for invoicing. Generally, the down payment is given to the financial department of the developer, and the financial department issues a receipt, and then deposits the money in the bank. After the loan issued by the buyer is successful.