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Hi Do contact me at 97970200  to discuss more

Mark, your RiGHT choice
Propnex Read More

Hi Roland,

MSR is applicable for HDB purchase. Also, as you're self-employed, there will also be a haircut on your salary.

To know the exact loan amount you qualify for, do speak to a Banker for loan assessment. Do let me know should you require a recommendation.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi Roland,

This can be easily settled.

Feel free to contact me to discuss further.

Regards,
Teck Chuan
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602  Read More

Hi Mr. Roland,

From your description, you are considered as self employed. Thus the salary submitted will suffer a hair cut.

1) Current status: Loan tenure is 14 years, and loan amount is $139k. Seems like there is quite a wide gap to match.
2) Increase salary to $7,500. The loan amount is around $208k. Assuming bank accepted the new salary and grant you a loan according to this salary.
May be you have to consider to lower your budget to purchase something around, $450k or less.

3) You may utilize your CPF in Ordinary Account (OA) for the purchase, but this does not change your loan amount.
4) Loan amount is solely dependent on your active income and age.

The last thing to note is your wife also need to fulfilled the 3 years minimum residence status before eligible to purchase a HDB flat.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi Sir

I fully understand your concern as this is a problem some self employed are facing. If your company is a sole proprietor or partnership, banks might take into consideration your yearly profit from your business operations for calculation of income purpose. It will be a bit tricky for if you register your company as a Pte Ltd but there is always a solution to it. Do contact me at 93375051  for a free and non obligatory consultations to this. In addition I also work together with several bankers who are more than willing to assist.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More