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Hi gurus, we intend to get loan approval from banks for our next home before we decide to sell our flat.How long will it expire? if it expires, will the next approved loan amount be different more/less? Is it doable?
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3 Answers

Hi

The loan approval validity usually expires within a month. But if there isn't any much changes to your pay scale or credit card debt, you would still be able to be granted the same loan amt even if you reapply again after it expires.

Pls feel free to let me know if you need any assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Evening,

IPA will normally be valid for a month or two, provided your credit status and record do not change drastically during this period. Once it's expired, you can always have it reviewed when required which is normally not necessary unless you are aware that there's some changes in your financial standing.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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YT Tan (陈永达)
Hello!

It usually valid for 1 month. After expiration, the amount might change due to your credit changes.

Hope it helps!

Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior District Manager
R043025D
ECG Property Pte Ltd
(A Wholly Owned Subsidiary of ECG Group of Companies)
Estate Agent no. L3009759F
Blk 190 Lorong 6 Toa Payoh #05-508 S (310190)

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): yttan.stproperty.com.sg/
(W) www.lovelyhomes.com.sg
(W) www.ecgproperty.com Read More
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