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Hi Jojo,

It is good that you are seeking assistance from the right channel as I am not sure where did you hear the news from that you will not be entitled for bank loans if you are buying a resale 3rm HDB.

As long as you are financially sound and have not bad credit ratings, I do not see any issue in obtaining a bank loan for a 3rm resale HDB in general. If you need help in securing a unit or checking with bankers, do give me a call.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Afternoon Jojo,

If all the hear-said statement are the truth, why would you need salesperson like us? You are entitled to obtain bank loan even if you are buying 3 room flat. Based on your credit, age and income status, the bank will decide how much they can disperse to you for the purchase. Whatever you are short of, including the 5% cash and COV will have to be prepared by both of you.

DO feel free to contact me for further discussion if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More