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Thread: Own HDB can get 80% loan?

  1. #1
    Join Date
    Sep 2009
    Posts
    135

    Default Own HDB can get 80% loan?

    I own a HDB that is fully paid-up. Can I get 80% financing for a 2nd property? I heard for 2nd properties, the maximum financing is 60%...

  2. #2
    Join Date
    Jan 2007
    Posts
    106

    Default

    You can still get 80% financing as long as you do not have an existing home loan. Since your HDB is fully paid-up, you can still get up to 80% financing

  3. #3
    Join Date
    Sep 2009
    Posts
    135

    Default

    Any bank also can offer 80% financing? Thanks a bunch in advance!!

  4. #4
    Join Date
    Jan 2007
    Posts
    106

    Default

    As long as your income can substantiate your loan, 80% should not be an issue with any bank

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