facebookI'm a self employed and it’s difficult for me to get a home loan from HDB in the past. Will it be easier to get a home loan after topping up CPF? - Seedly

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Anonymous

22 Dec 2020

Property

I'm a self employed and it’s difficult for me to get a home loan from HDB in the past. Will it be easier to get a home loan after topping up CPF?

I’ve been topping up to CPF 3 accounts monthly hopefully it will be easier for me to get a loan. Will it help?

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Topping up your CPF accounts can improve your financial profile, but it might not directly affect your eligibility for a home loan from HDB as much as other factors. Lenders typically look at your overall income stability, credit history, and debt obligations. As a self-employed individual, you should focus on providing comprehensive financial documentation, such as Notice of Assessment from IRAS, proof of regular income, and maintaining a good credit score. While CPF contributions demonstrate financial responsibility, ensuring you meet the specific income and documentation requirements set by HDB will be crucial in securing a home loan. For more info, you can get in touch with https://winzcredit.com.sg/

U need 3 month pay slip and salary credit statment

Use your company pay yourself salary. So you become an employee.

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