HDBPRO

Housing loan from Bank

 

Since 1 January 2003, flat buyers who are not eligible for an HDB loan will have to take a loan from bank/financial institution that is licensed by the Monetary Authority of Singapore to provide housing loans. HDB flat purchasers / transferees are advised to check with the banks / financial institution on the granting of such housing loans. 

For those taking bank loans, a Letter of Offer must be obtained from the banks / financial institutions before you exercise the Option to Purchase for the HDB flat.

 

Where To Obtain A Bank Housing Loan

You can consult any banks to help you determine the amount of loan which you can obtain based on your current income. A list of all the banks can be found in the Monetary Authority of Singapore (MAS) website

When you are considering taking up a loan with the bank, ask for a Customer Information Sheet and spend time to study the different loan packages available.

 

Call 92346270 for more enquiries!!!