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Home Financing

Asked by Yuzhou He 26 Mar 2011

Have one HDB have a loan, if I purchase 2nd property,then how much loan I can get from bank?

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Choo Jia Ming · Answer 1 · 2011-03-26T18:22:05+08:00

Choo Jia Ming

Replied 26 Mar 2011

Dear Sir,

If you have one outstanding loan, you can get a loan up to 60% of the valuation.

If we are able to discuss further on your next purchase or selling your current unit and buying a new one, please let me know.

Thanks.
Choo Jia Ming - Savills Sales Director
HP: 9476 2732
Email: jiaming.choo10@gmail.com
CEA Salesperson reg. no: R026370F Read More

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Mike Lim · Answer 2 · 2011-03-26T18:23:41+08:00

Mike Lim

Replied 26 Mar 2011

Evening Yuzhou,

With your existing housing loan, you can only get a 60% loan on your next property.

Do feel free to contact me if you require further assistance.

Mike Lim
96929209
ERA Read More