nyssa 0 Report post Posted March 2, 2013 Asking for a friend who is thinking of applying for a BTO and needs to pay the 10% after the option fee. Currently her cpf is all used up for her current flat and would need to pay by cash... Is there any kind of bank loan that does this? est she would need around 40K loan. Is this consider a personal loan? I am thinking to be her guarantor if needed.. what must a guarantor do? Share this post Link to post Share on other sites
therat 18 Report post Posted March 2, 2013 personal loanwhat must a guarantor do? Must had a job. In case, the lender miss the payment, Bank will come after the guarantor, ask guarantor to pay. Share this post Link to post Share on other sites
nyssa 0 Report post Posted March 3, 2013 Personal loan will only gives up to 4x monthly salary right? if still not enuf? can she add in the guarantor salary be use to get the credit? Share this post Link to post Share on other sites
therat 18 Report post Posted March 4, 2013 can she add in the guarantor salary be use to get the credit?I don't think can. Share this post Link to post Share on other sites
