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Hi, have a question for HLE reaccessment during key collection. For example, 4 years ago when I apply for HLE total income is 5k and eligible to loan 300k. During key collection, we will be reaccess again. If one person is not working and another still have a monthly income of 5k..will HDB still loan us 300k? After deduction we just need to loan 242k. Thanks
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3 Answers

Hi, usually if there is not much changes in the total income, it won't be an issue.

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Is there a drastic change in income status? There is usually no issue from my understanding, given that it takes approx 4 years for BTO to be ready, and during this 4 years, the younger applicants whom maybe at the beginning of their career at the point of application could have developed their career along the way and have their income increased. If you have concerns on this, you may wish to redirect the question to HDB.

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Stewart-PropNex (Senior Associate Division Director) Read More
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