AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I was wondering if I'm still eligible for 80% loan (LTV) for my 2nd property if I own a HDB property for own stay. Two agents that I talked to suggested converting my existing mortgage loan to a term loan to bypass the new rule and be eligible for the 80% loan. Anyone here explain what this means and whether this is legal?

PS: I'm planning to purchase a 2nd property for investment purposes.
0 •
837 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Tricia Tan
Replied
Hi Genny,
Talk to a banker, they will give you the solutions and firm answer. If you need reliable banker, feel free to text or call me
Cheers,
Tricia +6 9270086  7 Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions