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I have an EA but I bought it urgently 3yrs back with 2nd HDB loan. Can I appeal to get a 3rd HDB loan to buy another EA if I am able to provide a valid reason as to why i need to sell the EA. I need HDB loan as I have credit card defaults and will not be able to apply for Bank Loan? My CPF contribution to the house got no defaults, upgrading cost all been settled. Are they are people who got 3rd HDB successfully?
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1 Answer

Mike Lim
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Afternoon,

You need to try to apply for mortgage loan from bank and received at least rejections from 2 banks. You also need to justify why you are changing to similar sized unit instead of downgrading. I have clients who succeed in getting 3rd and even 4th HDB market rate loan but were all downgrading case.

FYI.
Mike Lim
 96929209 
m52i@yahoo.com
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