Hi Jass,
1) Logically speaking there are no laws or government policies that stop people from getting a loan of less than $100k.
2) However, this is a business decision from all the banks in Singapore that it is not profitable for them to offer such a loan amount to the public.
3) Therefore anyone who needs a mortgage loan from a bank must apply for a loan at or higher than $100k.
4) Although you can't get a lower loan amount you can decide on the loan tenure as long as it is not longer than 25 yrs or exceed your 65 yrs old birthday.
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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