AskGuru Q&A Community

Hi

You can seek a banker opinion and do a IPA (In principle approval) to check how much loan you are likely to get.

Alternatively you can try for a HLE. If all these fails, please do go meet your MPs in your constituency for help. Try until you are successful.

Hope this helps.

I will advise to try out the IPA option first and a detailed calculations is required before able to assist you with the purchase.

Thanks and Best Regards

Ethan Ang
C&H Properties Pte Ltd
 9769 0125  Read More

Evening,

There are good news for your particular case if you have managed to maintain a healthy credit record after being discharged. With your income status, if your borrowing and credit is not at ceiling high, banker will still be able to provide you with good mortgage loan figures. Even if banks opt to reject your application, you can try to appeal for HDB loan. However, with your income status, the loan quantum might not be sufficient. I would deem that your current biggest issue would be your cash flow ability.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More