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HDB Questions

Asked by Ms Yan 20 Apr 2012

I'm a divorcee with a son.I wld like to buy a resale flat after selling the current flat.I've bought HDB flat in the open market twice.So am I eligible to buy another HDB flat in the open market using HDB loan(third HDB loan)?Because I don't think I'll get approval for Bank Loan as my monthly pay is only S$1500.

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Mike Lim · Answer 1 · 2012-04-20T18:12:06+08:00

Mike Lim

Replied 20 Apr 2012

Evening Ms Yan,

Apply for the bank loan and when they reject your application, request for it in writing. Then appeal your case to HDB and request for HDB loan. However, it would be likely to be a market rate loan.

I have handled buyers who have took more than 2 HDB loan. The process is longer and troublesome but there are still chances for you.

All the best.
Mike Lim
96929209
ERA Read More

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Kevin Kishin · Answer 2 · 2012-04-21T01:06:41+08:00

Kevin Kishin

Replied 21 Apr 2012

Hi, let me know if possible to meet up and workout for you, thanks. Kevin Propnex 93861174 Read More

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