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I currently own a HDB flat and have fulfilled the MOP. I still have an outstanding mortgage from the HDB loan.
I intend to get a private property for myself. Does that mean that if i take a new loan for the private property I am limited to only 60% of the purchase price? Is there any finance company that can help provide some sort of a bridging loan? I am a very serious buyer and if anyone can help offer a good solution, I am willing to take it up. Thanks!
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5 Answers

Evening Ravi,

With the current ruling, bank can only lend you max of 60% loan, since you have an existing loan at hand.
There are exceptions, depending with bank you are working with.
Do feel free to contact me if you require further assistance.

Mike Lim
 96929209 
ERA Read More
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www.catherinepang.com Read More
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Hi Ravi,

May i request you to call me and let me understand on your requirements. I shall also ask the Official from the Bank to have a talk with you and let you know the amt that can be sanctioned.

Thank you,

Radhika Prakash
DTZ Debenham Tie Leung
 93380071  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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