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Anonymous

05 Jun 2019

∙

Hi, is it possible to use my fully paid HDB house as mortgage to loan $500,000 from the bank?

I'm in need of some money for the time being, so i would like to use my house as mortgage. Is this possible and what are some steps to go about doing it? Please help!

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Junus Eu

05 Jun 2019

Nope! Not for HDB flats.

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Vincent Tan Wen Bin

04 Jun 2019

Assistant Vice President at Thinkers Alliance

No, won't be able to mortgage HDB flat for loan. Only private and also subject to TDSR.

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