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Hi Gurus,
A person is not a bankruptcy but currently servicing a debt repayment scheme through IPTO to his/her debtors over a fixed period of time. It is a new scheme in IPTO as an alternate option from being a bankruptcy person. So can this person able to get hdb concesionary loan to purchase resale flat?
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1 Answer

Mike Lim
Replied
Evening,

If you are SC and have not utilized your HDB loan entitlement, you are eligible for such application. As to how much you are eligible to is still dependent on your income status and credit record.

FYI
Mike Lim
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