Asked by Anonymous
Hi, would appreciate if someone can assist me with my queries. Thank you in advance! My BTO PCD is 3Q 2022.
Last 3 months I just joined a new company after being retrenched by my previous company, sadly, due to covid. So currently, I am employed (fulltime) but no CPF contribution as the company is based in US. I do have my employment letter with this new company. Also, I still have bad credit report although I have totally paid off my debt a year ago with no new card/loan enquiry.
I have abit of savings. Around $12K joint cash savings with my husband. He is a freelance worker with no fixed income monthly/annually. But he does declare his income tax yearly. He have no issues with his credit rating.
The question is, will this affect my HLE reassessment when I collect my keys? Will my loan still get approved if we both do not have any CPF contributions? Will HDB consider my HLE if I have some savings but poor credit rating? We are also planning to pay our monthly installment by cash if HDB approve the loan. Let me know what should I do in order for me to be able to collect my keys with no issues when my house is ready. Thanks again!!!
Last 3 months I just joined a new company after being retrenched by my previous company, sadly, due to covid. So currently, I am employed (fulltime) but no CPF contribution as the company is based in US. I do have my employment letter with this new company. Also, I still have bad credit report although I have totally paid off my debt a year ago with no new card/loan enquiry.
I have abit of savings. Around $12K joint cash savings with my husband. He is a freelance worker with no fixed income monthly/annually. But he does declare his income tax yearly. He have no issues with his credit rating.
The question is, will this affect my HLE reassessment when I collect my keys? Will my loan still get approved if we both do not have any CPF contributions? Will HDB consider my HLE if I have some savings but poor credit rating? We are also planning to pay our monthly installment by cash if HDB approve the loan. Let me know what should I do in order for me to be able to collect my keys with no issues when my house is ready. Thanks again!!!
567 views
