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Hi,

Max bank loan for a 1st property purchase is 80% of purchase price. For the 60K shortfall, you may wish to consider personal loans. However, it must be still be within TDSR of 60% parameters. Thanks and hope to assist further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
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Hi,

I understand your dilemma.
I have had clients having similar issues in the past, but no worries, there is a solution for every difficulty. In your case, you may want to consider a personal loan? That would be quite a viable option. Otherwise, contact me and we can explore more options once i have understood the crux of what you are looking for exactly.

If you are comfortable with working with me for your real estate needs, I will be most glad to render my service and advise accordingly. If you may not have already known, engaging a realtor to represent you in your purchase does not make you liable for any fees. In a nutshell, you pay nothing for my service and consultation but I assure you of handling the entire technicalities of the purchase to best protect and maximize your interest.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific international for 2014.

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Hi, I'm afraid 80% is the maximum loan you could borrow from any bank. And if the shortfall is not a lot, you could actually loan another smaller sum from another bank after you have signed for a 80% loan from the first bank. Why not let my banker assist you further on this alright? Pls feel free to let me know if you need any banker's contact or any other assistance.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More