Goh Lee
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Renovation loan
Goh Lee replied to Goh Lee's topic in Reno t-Blog Chat - HDB Resale Renovation & Interior Design
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Renovation loan
Goh Lee posted a topic in Reno t-Blog Chat - HDB Resale Renovation & Interior Design
Hi Everyone!!! I want to apply for renovation loan but I don't know if I am eligible. 1) Basic Salary: $2600 Gross $6k-$9k per month. 2) I just work with the current company for 9 months only. Before I join this company I worked as a freelance(no payslip). Cpf contribution only show 9 months. 3) I had checked my credit bureau report it shows GX. No outstanding loan with any banks. 4) Will the bank need 12 month payslip? 5) My gross pay for 9 months of work already reach $58k My ID quote me $40k to renovate the whole 5 room house. Anyone knows how the bank calculate or any chance bank will approved my renovation loan? Thank-you. 31/07/2020
