After they've determined you to be a fully functioning adult capable of servicing your mortgage, you'll be notified via SMS within two weeks to review your HLE letter details by logging in toIf you're impatient and want to check on your application progress every couple of hours , you can login to My HDBPage under My Flat > Application Status > HLE.
Again, to give you an idea of the maximum loan amount you'd get before you start your home search, HDB has a usefulNote: If you are buying a BTO flat from HDB, then your financial position will be reviewed twice; once before you decide to purchase the flat, and another time nearer to the completion date of the flat. Make sure your financial ability to service the housing loan has not changed by this point.
The higher your credit score, the easier it is to get a loan and the higher the loan amount you can get. Before applying for the HLE letter, you can request for your credit score on the CBS website.
Source: Loan Digest (loandigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HDB resident says bad smell from 5 chickens his neighbour keeps made his daughter refuse to come home from her grandmother's place - The Independent Singapore News'... asked the owner to rear the chicken inside his HDB flat... see whether they... can stand the smell of the chicken faeces...' — Netizen
Source: IndependentSG - 🏆 9. / 63 Read more »
27-year-old seeks girl for marriage of convenience to buy HDB BTO, asks if anyone 'willing to hop into this 'investment' plan' - The Independent Singapore News'Would this be legal? Would it be realistic to be able to find a girl who be willing to hop into this 'investment' plan as well?' — Seeker
Source: IndependentSG - 🏆 9. / 63 Read more »
Who let the chickens out? Yishun family pecks back at neighbours who cried fowl over their petsNeighbourly disputes can be taxing on both parties and at times, people take drastic measures in hopes of solving the issue. Over at Blk 358 Yishun Ring Road, a couple who kept five pet chickens in a cage outside their HDB flat recently came under fire from their neighbour Suhardi who complained that his family have been suffering from the...
Source: asiaonecom - 🏆 10. / 59 Read more »
New road in Bidadari estate named after Sang Nila UtamaA new road in Bidadari estate will partially open to traffic from 8am on Sept 25, with one lane in each direction. The dual two-lane road is expected to open fully in the first half of 2024. Sang Nila Utama Road will replace Vernon Park Road, which will be permanently closed. The Housing Board (HDB) on Friday (Aug 19) said...
Source: asiaonecom - 🏆 10. / 59 Read more »