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askguru expert
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Hi there, thanks for writing to us on AskGuru.

1) Bank does not required you to hit the income ceiling in order to take up the loan.
2) Bank may take in cash assets fund to derive as your income serviceability for the loan. Nonetheless, do note that you will still have to fulfil the Mortgage Servicing Ratio of 30%.

Propertyguru Finance provide our customers a ‘mortgage marketplace’ experience where they may access the latest information on property market trends, updated mortgage loan offerings, and to find out how they may maximize the benefits from choosing the right mortgage loans offer.

We advise you to speak to our financial home advisors and we will help you to find a bank that suits your financial portfolio, do feel free to Whatsapp us at: wa.me/6587695300 or https://www.propertyguru.com.sg/mortgage/contact

Hope this answers your question.

Best Regards,
Apple Tan
Team lead
PropertyGuru Finance Read More
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Robbie Chen Chee Howe
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Hi,

Yes, it may be possible to take a loan even when you do not have an income.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Ling CK
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Hi,

1) There is no income ceiling to fulfilled for a bank loan.
2) Yes, you may receive a bank loan even without active income. This is what we called plague and unplagued mortgage loans.
3) Only curious why you still need a bank loan when indicated you have sufficient for the purchase.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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