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First time purchasing a HDB resale
Purchase price: 500k
Banks (OCBC/DBS) is willing to loan 200k due to my wife being a newly self-employed. Have to fork out an additional of about 250k cash. Would like to seek gurus advice on getting a higher bank loan and how do I pay the additional 250k assuming my parents is willing to pay for me?
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2 Answers

Mark Ng S W
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Mike Lim
Replied
Good morning,

You can try to apply for your mortgage loan with non-local banks or clear some of your insecure loan so that your TDSR looks better. In the event that you are ready to make the balance payment in cash, you can prepare cashier's order payable to HDB with the required figures.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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