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Hi everybody,

I've received my HFE with HDB loan application.
The assessment came out to be 400k - 800k range loan.

However, as I am a self-employed at my own company receiving regular salary + CPF, also I have personal loan obligation, does it affect my final loan outcome?

I don't want to get shocked when I try to exercise a higher priced property ended up costing not able to loan as much...
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5 Answers

Hi, the HDB loan amount is based on your income mainly and is not affected by your personal loan as much , the loan amount that is stated on the HFE is the amount you can loan, so financing it within that amount will help ensure you can get the loan you need.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

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Hi, appreciate your sharing. Able to double check with a few bankers. Once the Letter of Offer granted, you are safe to proceed to purchase.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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Tan Pei Cheng (Pei)
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
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You should check with a bank to work out the range. $400k range is huge. Personally I have not come across such a huge range for loan. Read More
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