DarkFly3r 1 Report post Posted May 21, 2011 Hi guys, just got to know this cool forum from friend and hope you guys could enlighten me with my noob questions. Hehe. For example if both my wife-to-be and me have met all the criterias of getting a 4-room HDB flat. I would like to ask if there are any other things for us to take note which HDB may reject our application? Thanks alot for your time. Share this post Link to post Share on other sites
forgotten 1 Report post Posted May 21, 2011 Do u mean getting 4rm from resale market OR from HDB BTO?Get from HDB: Combined salary must be < 8K.Do not own private property.Work at current company for > 3 month, need to show payslips to apply for HLE. Share this post Link to post Share on other sites
DarkFly3r 1 Report post Posted May 21, 2011 Do u mean getting 4rm from resale market OR from HDB BTO?Get from HDB: Combined salary must be < 8K.Do not own private property.Work at current company for > 3 month, need to show payslips to apply for HLE.Sorry for not making myself clear, im referring to BTO. Is that all? Thanks. Share this post Link to post Share on other sites
forgotten 1 Report post Posted May 21, 2011 Check out this HDB link on the conditions http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatEligibilitytobuynewHDBflat?OpenDocument Share this post Link to post Share on other sites
DarkFly3r 1 Report post Posted May 21, 2011 Check out this HDB link on the conditions http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatEligibilitytobuynewHDBflat?OpenDocumentThanks for the link! I have another question. Under what circumstances HDB will not approve 100% loan? Share this post Link to post Share on other sites
bepgof 20 Report post Posted May 22, 2011 Best answer to yr question: "As & when hdb deems fit".Thanks for the link! I have another question. Under what circumstances HDB will not approve 100% loan? Share this post Link to post Share on other sites
DarkFly3r 1 Report post Posted May 22, 2011 Best answer to yr question: "As & when hdb deems fit".Good answer. Thanks. Share this post Link to post Share on other sites
gimz63251073 0 Report post Posted May 22, 2011 Thanks for the link! I have another question. Under what circumstances HDB will not approve 100% loan?always. hdb will loan up to 90% of valuation. Share this post Link to post Share on other sites
therat 18 Report post Posted May 22, 2011 http://askhdb.hdb.gov.sg/Home/hybrid/Themes/HDB/view-results.asp?mesid=5258032&iscfp=&selectedcategory=&from=ask&folderid=0&projectid=7875909&reaskpage=answer.asp&recordquestion=&returnurl=%2Fifaq.asp%3Ftopfaqs%3D0%26n%3D0%26category%3D60665 Q: What is the maximum housing loan I can take from HDB?A: Sales TypeLoan Ceiling Direct Purchase flats 90% of the purchase price Resale flats 90% of the resale price or 90% of the market value, whichever is lower. Subject to this loan ceiling, the maximum loan quantum is calculated based on: a. Maximum repayment periodb. Applicable interest ratec. Monthly instalments capped at 40% of gross monthly income Share this post Link to post Share on other sites
