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I was discharged 4 and a half years ago. Recently trying to apply for bank loan to refinance my HDB executive due to divorce. I am not eligible for HDB loan. But have been rejected by 3 banks already. At current, I have no debts. My mthly income is $4.8k. What should I do?
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2 Answers

Mike Lim
Replied
Afternoon,

After being discharged and staying with a good credit record, you should be able to get the necessary mortgage loan. I believe the exception is that you are asking for too high a loan amount, in respect to your income status.

Talk to your banker again and see how much is the bank will to disperse to you and work according to that figure.

FYI
Mike Lim
 96929209 
ERA Read More
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  • JL
    Replied
    Hi,I am only asking for $200k loan. Is this too high?
Catherine PANG
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You will need a good banker and agent will assist you with solutions. Www.catherinepang.com Read More
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