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I have 3 young children and planning to sell my 3 room flat to upgrade to 4 room. I need a loan (50k)from HDB. But my co-owner has bad credit bureau report. What is the chance of getting a loan from HDB in this case. If not what other options available.

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2 Answers

Mike Lim
Replied
Evening Cynthia,

As you only require $50k loan, you can try to apply for HLE using both name and income. However, submit this application directly to the loan department at HDB hub and advice them on your situation. Providing the necessary documents and see what the loan officer can do to assist you.

All the best.

Regards
Mike Lim
 96929209 
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Ander Ang
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Hi Cynthia,

Have you consider taking a bank loan instead? If you are earning min 1.5k monthly with good credit, should be able to qualify for 100k loan.

Please call me at 98628691  for further discussion.

Thanks,
Ander ERA Read More
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