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Hi:)

I acquired Singapore citizenship four years back and an oil& gas Engineer by profession. Currently I work with a major oil company in Malaysia.
I am 49 years now but still do not own my own house due to my savings getting diverted for other urgent needs. However, I wish to buy a home for myself and plan to buy it now. Would the banks lend me loan especially since i am close to 50 years of age?
Thanks
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6 Answers

Tricia Tan
Replied
Hi.
Good morning. It is best you check on ipa or hle first so we can do into the details of the financial breakdown you will need to purchase your first home. You will also be eligible for grant. Do contact me at 91442664  . I would be glad to assist you further from here.
Tricia Tan propnex
 65 91442664  Read More
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  • SA
    Replied
    Hello Tricia,

    I thank you for your clarification to my query.

    Will this still be valid if my salary is being earned outside Singapore i.e. Malaysia?

    Thanks :)
Kelvin Chen
Replied
Hi,
Yes you can get potentially get a housing loan from the bank. As bank provide loan up to age 65 years old, meaning you would have a loan tenure of 15 years should you qualify for a bank loan after financial assessment.
Do contact me at 8428-2282  , would be glad to assist you further
Kelvin Chen, ERA
 8428 2282 
kelvinchen.era@gmail.com Read More
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  • SA
    Replied
    Hello Kelvin,

    I thank you for your clarification to my query.

    Will this still be valid if my salary is being earned outside Singapore i.e. Malaysia?

    Thanks :)
Ivan Sim
Replied
Hi,

Yes, it is possible to get financing at the age of 50.
Please reach me if you like to know the types of financing options available depending on the kind of property you will be purchasing.

Thanks
Ivan Sim
OrangeTee
 9845 6099  Read More
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  • SA
    Replied
    Hello Ivan,

    I thank you for your clarification to my query.

    Will this still be valid if my salary is being earned outside Singapore i.e. Malaysia?

    Thanks :)
Mike Lim
Replied
Afternoon,

Bank will be able to provide you with mortgage up to age of 65. As for how much loan will be available to you, your TDSR and MSR must be healthy.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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  • SA
    Replied
    Hello Mike,

    I thank you for your clarification to my query.

    Will this still be valid if my salary is being earned outside Singapore i.e. Malaysia?

    Thanks :)
CK Ang
Replied
Hi, I can provide you the estimate bank loan and financial workout for the purchase of property. Please drop me an email for illustration.

I am reachable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Brian Ng
Replied
Hi,

You can definitely get a loan up to 65 years old (80%) or 75 years old (60%), depending on how much loan you take. Please contact me for a discussion and and information sharing.

Thanks.

Brian Ng (ERA)
 96464653  Read More
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  • SA
    Replied
    Hello Brian,

    I thank you for your clarification to my query.

    Will this still be valid if my salary is being earned outside Singapore i.e. Malaysia?

    Thanks :)

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