Singapore unable to get HDB loan, loan application rejected, Bankrupt? here 4 way to resolve

by Lee Lee 16 Apr 2015




you have been dating your boyfriend for 2years, starting a happy small family with 2 little children with your boyfriend

want to buy a resale 4room HDB flat, and application for loan declined


1 ) remember the guy who kept borrowing money at school, and slowly return?

you!, the reader who use credit card, even 0% interest installment plan!

Singapore regulation only allow you to have "Total Debt Servicing Ratio" 30% of your income

resolve your credit card debt!


2 ) get a government job, like teacher, zoo keeper, gardener.

government job represent steel bowl, you won't get fired, and big bank know this too!

part time job, and self-employed is not good for loan (dangerous, unstable income)

try and become a taxi driver or primary school teacher.


3 ) don't breakup with your boyfriend, or everything have to restart!

you've finally decided to settle down, successful get loan, bought a new launch and waiting to TOP


4 ) Bankrupt can buy HDB 5 room or smaller, (yes, Bankrupt people can get loan, same as normal people)

however, executive condo and maisonette flat is restricted

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatBankrupt?OpenDocument



start finding your dream home! list of all Singapore HDB for Sale



articles are copyrighted by http://propquest.sg

author Lee Lee (PR and Marketing Director) any mistake and correct leelee@propquest.sg) I 100% read all email. I'm serious



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