u/Virtual_Climate_548

Hello guys, may I know pro rated LTV is it applied to the maximum loan stated on HFE letter or the loan amount of property price?

My case here is that I am looking at a house that can cover me until around 94 years old, I am worried about the LTV to drop to 73% as it means to fork out another 10-15k.

My maximum loan on HFE is around 550,000, the loan I wish to borrow is 400,000.

In short, will the loan amount be affected? Anyone has similar experience?

Thank you in advance

Hello guys, I will keep this short, I am going to pay for the resale hdb for the leftover with cash around 20k, however I have had this saved and until recently my family had an urgent matter and I really needed to provide them the money.

However my resale hdb process is due in another 2 months and I have no other method to gather 20k in such a short time besides getting a personal loan, which I am able to afford it with a 2-3 years installment. But my main question is will this affect my house purchasing as I have heard that this is illegal.

I really need some advise on this, please don’t comment that it’s not financially sound, i am sorry if it sounds rude but I can comfortably pay off the loan I just wish to know if it’s allowed or legal, please help me please.

Thanks a lot everyone, I truly appreciate that.