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Md Ridhwan

Can i engaged multiple contractor for 1 bank loan?

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Hi all,


I would like to know if it's possible to have renovation bank loan with 2 different contractor.


Contractor 1 - Quote $10,000 

Contractor 2 - Quote $15,000 

Reno bank loan of $25,000


Thank you in advance!


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On 11/21/2016 at 1:19 PM, Mushiii said:

i saw 1 post here saying ID suggested loan to be split by diff banks, is that what you mean?

I mean, 1 Bank with 2 different contractor or ID.


19 hours ago, kachan said:

Should not have a problem with this...

So i just have to take the quote from the 2 contractor and show it to the bank? 



Thank you guys for replying.


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