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My monthly salary is about $18k and I am looking to buy a Cluster house that cost about $2.5m. Will I be able to get the loan giving the scenario that I have no outstanding loan.
Thanks.
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12 Answers

Hi,

Yes why not. In fact, without a current outstanding loan, you be able to loan more for the next property. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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Hi,

Thanks for your query!
Given your healthy finances , loaning that amount would not be an issue. Do u have a banker in mind or I could refer you to have an IPA done at no fee. With your loan quantum and exact finances, I could draft out the financial compitstions and progressive payment with timeline to illustrate the exact payment details. Following that, we could focus on the properties in line with your requirements, preferences and finances.

I will walk you through the entire process from shortlisting the unit, to proposing unit layouts, establishing financial / loan technicalities, admin and legal matters and beyond. Furthermore, there is no agent fees involved. Do contact me for a non obligatory discussion to walk you through this procedure step by step , with utmost professionalism.

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

D Kumar
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Hi Sir

May I know your age? Plays a part in your loan application..
Thanks.

Raymond Lim
CCN Realty Pte ltd
 91388805 
MBA/BSc(HONS)
Email: raymondshaq@hotmail.com
Website: ray91388805.blogspot.com Read More
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hi friend,

Base on 2 facts:
basic salary
no outstanding loan

YES you can definitely secure a loan. However, the loan quantum and tenure will depend on your age.

Do get in touch with me if you need more info.

Steven Wang
EDMUND TIE & CO
khim.wang28@gmail.com
 +65 9169 5023  Read More
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Would you like to speak to a banker who is in the best position to advise loan matters instead? I can get you in connection with the bank of your choice and have them get in touch with you at the soonest convenience.

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Robbie Chen Chee Howe
Hi,

Whether you can qualify for $xx amount of loan, depends on 2 main factors. Your income and your age.

Based on your income and being loan-free, this should not be a problem. Your age will then pay a crucial part. The younger you are, the more you can loan, and the longer tenure you can loan for.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Good morning,

Bank will work on your mortgage loan based on your basic income, age, lease balance of property that you are buying and credit status. Although based on the basic information that you have provided, you might be able to obtain $2 mil loan.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi,
You are in the right path, 1st step is to check out the loan eligibility. Please drop me an email with you age, you fix and variable income, your other loan commitment. I will able to provide you the estimate loan amount with the tenure.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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Dear Sir/Mdm,

With 2.5 mil, you can buy a landed property. In my opinion, a landed property is a better option as compared to a cluster house in terms of capital appreciation and ease of sale in the future.

Please feel free to contact me so that I can understand your objectives better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
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Mani Subramanian Veeramani
Dear,

Our fellow agents answered you very well.
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(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

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From: ABLE Toh- Your Property ASSISTANT : )

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XXXXX The End XXXXXXX Read More
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WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : )

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1

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