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If i used to have a poor credit history(within 5yrs) and i wish to join name with my husband to buy a HDB resale. My husband has good credit rating. Example if i am looking at a 400k HDB 4 room resale at Sengkang. CPF at hand is 150k combine. Cash at hand 100k. What are the chances of getting a loan 80% loan? I have heard that banks are very stringent on poor credit scores. Our combine income is over 8k per month. We are looking at a 200k loan. Any chance of getting this loan? mid thrities for both of us.
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2 Answers

Morning Tan,

I have serviced cases where one applicant is an undischarged bankruptcy while the other applicant is financially healthy. Their combined income is around $6k but managed to get $350k loan from HDB, even though they have enjoyed HDB loan twice. Hence I would say that there are definitely chances for your intention to materialise. It's more dependent on how we do it.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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Hi,

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