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Hi Guru,

Currently self employed with average monthly salary of 2K. I have 74K in CPF, and 50K in savings would like to purchase a resale 3 room flat in East. Past 35 years old. Is it possible? I notice HDB HLE usually don't approve self employed personal.

Thank you!
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2 Answers

GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

You need to opt for bank loan. For self employed, housing loan will be based on your annual income tax amount. You need to pay medisave upon your annual income tax exceed min amount.

Call us now, we can explore further in detail.

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Hi there!

HDB does accept self-employed, they have another method of measuring the income as usually self employed have less stability of income.

Hope this helps!

John Tan YS
ERA Realty Network Pte Ltd
R012788H
facebook.com/johntys
powersginvest.com
 +65 9633 8431  Read More
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