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Old 15-06-2012, 09:36 AM   #61
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Planning to purchase a property but not sure how much the bank is willing to lend you?
Do an Approval in Principle(AIP) and it will solve your problem
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Old 05-07-2012, 11:02 AM   #62
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Confused on which package to take?
Wondering which bank gives you the best package?
Unfamiliar with the terms
1) SIBOR?
2) SOR?
3) fixed?
4) floating ?
Looking to get the best package but still need some advice?

Drop me a message on your situation and Housing Matters will assist you according to your needs
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Old 14-07-2012, 10:48 AM   #63
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Loan eligibility

Hi..could you pls advise on the loan eligibility criteria...I have outstanding personal loans with banks but with a good credit history..
Iam planning to buy an hdb with a 400k bank loan..monthly salary excluding bonus is around 8k+
tks
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Old 14-07-2012, 03:26 PM   #64
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search which banks is giving you more benefits.

---------
regards,
Simpmort12
free case rebate when finance a loan through simplymortgage.com.sg
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Old 16-07-2012, 10:31 AM   #65
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Do singapore bank loan to foreign investor?

If yes, generally what is the max loan quantum
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Old 22-07-2012, 12:54 AM   #66
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Would like to ask if any of you have such experience or anyone can advise on this...

my aunt is planning to buy a pte property. However she is still serving a loan for her HDB flat which she has stayed for about 8 years.

In order to be granted an 80% bank loan of her new pte property, does she has to first sell away her HDB flat?
Is there anyway she can buy Pte property first, and be given a deadline to sell her HDB at a later date so as to be granted 80% bank loan to her new property?
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Old 23-07-2012, 10:14 PM   #67
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Hi Slang,

If your aunt is planning to get a 80% loan for her Pte Property, she have 2 options
1) Fully repay her HDB property and obtain a 80% loan for her private property
2) Sell her HDB and obtain a 80% loan.
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Old 23-07-2012, 10:21 PM   #68
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Hi Realconsultant,

Mostly bank normally grant 60%-70% unless good profile.
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Old 23-07-2012, 10:24 PM   #69
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Hi Boeing2000,

Shouldnt be a big issue for you. It will be good to get an Approval In Principle from the bank before proceeding with the purchase of your HDB.
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Old 23-07-2012, 10:28 PM   #70
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Hi Fifa2006,

would like to ask, is a hdb co-owner must necessarily be a mortgage loan borrower/co-borrower? (assuming the mortgage loan main applicant's salary is enough to for the required loan amount). or is it hdb co-owner(mortgagor) are always equals to borrower in term of bank loan?

Thanks
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Old 23-07-2012, 10:31 PM   #71
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Hi gohlex,

Unlike Private Property, HDB owner/co-owner are required to be the borrower / co borrower of the loan
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Old 23-07-2012, 10:46 PM   #72
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Hi gohlex,

Unlike Private Property, HDB owner/co-owner are required to be the borrower / co borrower of the loan
Hi Fifa2006,

thanks very much for the clarification. appreciate if you could also advice on the following:

if the co-borrower in this case is not using CPF or cash to pay any portion of the monthly installment, he/she will no need to buy any HPS or Mortgage insurance right?

Thanks again.
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Old 23-07-2012, 11:04 PM   #73
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Hi Gohlex,
I am not the best person to advice you on Mortgage Insurance just in case i give you the wrong information. If you want, i can get one of my trusted Financial Advisor to get to you else you can get those bank package with mortgage insurance so it will solve your problem
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Old 23-07-2012, 11:21 PM   #74
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Hi fifa2006,

I visited your website...I am confuse.

Are you a property agent , mobile banker or mortgage broker?


thank you.
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Old 23-07-2012, 11:31 PM   #75
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Hi Realconsultant,

I am a Mortgage Broker. To enhance my service to my customer, i also obtain property license from a property agency to serve my clients on their properties if they need
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