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Old 19-11-2019, 09:50 AM   #1
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HDB Loan / Bank Loan

HDB / Bank Loan

1. what are the odds and will HDB allow 3rd time loan? - the applicant was cheated twice 30 years ago.. long story.
- assuming the applicant for the flat is not working

2. if a person is not working, can they have a HDB/Bank guarantor loan? What is the maximum amount for this and the interest?
- assuming the guarantor has an existing HDB loan however his paycheck is more than enough to cover both just not enough to pay the flat in full

If anyone have experience can share.

Real question. Not trolling.
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Last edited by batniss; 19-11-2019 at 09:58 AM..
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Old 19-11-2019, 01:40 PM   #2
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HDB / Bank Loan

1. what are the odds and will HDB allow 3rd time loan? - the applicant was cheated twice 30 years ago.. long story.
- assuming the applicant for the flat is not working

2. if a person is not working, can they have a HDB/Bank guarantor loan? What is the maximum amount for this and the interest?
- assuming the guarantor has an existing HDB loan however his paycheck is more than enough to cover both just not enough to pay the flat in full

If anyone have experience can share.

Real question. Not trolling.
Hi;

for HDB 3rd loan, this one u will need to write in to HDB and appeal..

for bank loan, they don't offer guarantor scheme anymore.. your name must be in the property in order to be eligible to apply for loan under your name..

lets say Buyer A buy the house, but Friend B take loan for Buyer A .. no possible !
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Old 19-11-2019, 03:00 PM   #3
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Hi;

for HDB 3rd loan, this one u will need to write in to HDB and appeal..

for bank loan, they don't offer guarantor scheme anymore.. your name must be in the property in order to be eligible to apply for loan under your name..

lets say Buyer A buy the house, but Friend B take loan for Buyer A .. no possible !
disappointing..
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Old 19-11-2019, 03:23 PM   #4
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HDB / Bank Loan

1. what are the odds and will HDB allow 3rd time loan? - the applicant was cheated twice 30 years ago.. long story.
- assuming the applicant for the flat is not working

2. if a person is not working, can they have a HDB/Bank guarantor loan? What is the maximum amount for this and the interest?
- assuming the guarantor has an existing HDB loan however his paycheck is more than enough to cover both just not enough to pay the flat in full

If anyone have experience can share.

Real question. Not trolling.
If the person is not working, go and register a business as sole proprietor. Virtually pay yourself for 6mths with CPF. Once the HDB loan approve, close your business?
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Old 19-11-2019, 05:05 PM   #5
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HDB / Bank Loan

1. what are the odds and will HDB allow 3rd time loan? - the applicant was cheated twice 30 years ago.. long story.
- assuming the applicant for the flat is not working

2. if a person is not working, can they have a HDB/Bank guarantor loan? What is the maximum amount for this and the interest?
- assuming the guarantor has an existing HDB loan however his paycheck is more than enough to cover both just not enough to pay the flat in full

If anyone have experience can share.

Real question. Not trolling.
Just wondering if the applicant was cheated twice 30 years ago. That means the applicant is at least 51 years old? Take note the age does matter in terms of loan amount. Plus the applicant is without a job...

Hope the applicant has enough cash to pay for part of the HDB and the guarantor comes up with the other half or so? A loan is quite difficult, with MAS rules.
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Old 19-11-2019, 05:12 PM   #6
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disappointing..
Another way is by pledging.. for more info pls PM me
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Old 19-11-2019, 06:42 PM   #7
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Just wondering if the applicant was cheated twice 30 years ago. That means the applicant is at least 51 years old? Take note the age does matter in terms of loan amount. Plus the applicant is without a job...

Hope the applicant has enough cash to pay for part of the HDB and the guarantor comes up with the other half or so? A loan is quite difficult, with MAS rules.
If have enough cash, there is nothing to ask...
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Old 19-11-2019, 06:42 PM   #8
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When did you start paying your taxes?
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Old 19-11-2019, 06:57 PM   #9
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When did you start paying your taxes?
don't quite understand this.
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Old 19-11-2019, 08:06 PM   #10
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don't quite understand this.
he ask you when you start working and pay income tax.
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Old 19-11-2019, 10:04 PM   #11
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Best is you head to HDB hub and ask, there're always exceptions and appeal cases.
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Old 19-11-2019, 10:31 PM   #12
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he ask you when you start working and pay income tax.
Since few years back?
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Old 19-11-2019, 10:32 PM   #13
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Best is you head to HDB hub and ask, there're always exceptions and appeal cases.
Okay will email them and see how it goes.
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