AskGuru Q&A Community

Hi PotentialSeller,

Since you already taken 2 HDB loans, for your next purchase, you need to take a bank loan.

Current bank interest rates are very low, as low as 1% depending on the package you are taking.

Appreciate you can call me at 98628691  to discuss. I can refer mortgage bankers to you.

Thanks,
Ander ERA Read More

Afternoon,

Under normal cases, every Singaporean family is only entitled to two HDB subisdized loan. There are definitely cases where exception takes place. With your current situation, you can choose to move on with a bank loan, where you are not required to utilize 50% of your case profit for the purchase.

Do feel free to contact me so that we can work out on the details.

Regads
Mike Lim
 96929209 
ERA Read More

Dear sir/madam,

As my fellow professionals have mentioned, in typical case, 1 is only allowed to take up HDB loan for 2 times.

As for the interest rates, it will be more appropriate to find out from the bankers directly to find out the latest rates since we are real estate salesperson and not working in bank. Do take note that bank interest rates and their packages do change from time to time therefore should never be taken as a standard rate.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More