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Hi Guru. I have a 3-room resale flat for about 9 years paying via bank loan. I have been paying more interest than my loan every year. I am looking to sell my unit to purchase a 4-room flat but to appeal to hdb for 3rd hdb loan. Is it possible? Or can I appeal for 3rd hdb loan for my current flat? Thank you
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2 Answers

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, yes it is possible to appeal for a 3rd HLE but approval is base on a case to case basis. I have a buyer who just gotten her HLE approved and it is her 3rd loan but the interest rate is on a high side at 3.6%

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Dear Sir/Mdm,

For 3rd HDB loan, it will not be easy to get the appeal approved as Singaporean are only granted HDB loan twice. Moreover, the bank loan interest rates are much lower as compared to HDB interest rates currently, therefore you may wish to consider bank loan instead. You will also be able to unlock more sales proceeds from your flat by taking a bank loan.

Please feel free to contact me so that I can understand your situation better and assist you further.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to get to know me better:
www.nicktan.com.sg
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