[Help] Advice on buying bto flat

[Happy_kai]

Hi all

May I check if anyone here can advise me the following please.

1. previously purchased 2 flats (1 bto & 1 resale flat) using HDB loan. Can I still apply for new bto flat?

I couldnt find any ans in HDB’s website and the officer is not answering to my questions. The officer replied me the following instead:

Based on our records, you have previously obtained two such loans before.Hence, you will have to obtain a loan from a bank or financial institution if you require a mortgage loan for your next flat purchase.

 

[newproject]

Indirectly say can but cannot take hdb loan..

 

[verysadguy]

The interest rate for bank loan is a lot cheaper than HDB loan so you should be happy that you can use bank loan instead. 1.5% bank loan Vs 2.6% HDB loan. The choice is clear.