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Home Financing

Asked by Mr. chee seng loh 18 Feb 2016

Will banks provide mortgage financing to an old property with less than 60 years in its leasehold title?

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Yen Ling · Answer 1 · 2016-02-18T14:57:20+08:00

Yen Ling

Replied 18 Feb 2016

Yes, but alot of factor need to be consider. Such as the borrower age, the Loan quantum.

FYI without prejudice
Yen Ling
91722994
ERA Read More

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Ng Teck Chuan · Answer 2 · 2016-02-18T16:44:03+08:00

Ng Teck Chuan

Replied 18 Feb 2016

Hi Chee Seng,

Yes, but the loan quantum would depend on many factors such as age, income, whether it's the first housing loan, your other debt obligations etc.

Feel free to call me for more information, or referral to mortgage bankers.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More

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