To process the job for an HDB Loan Eligibility (HLE) letter, we must have the income that is necessary for several individuals placed in the application form. In the event that papers are incomplete, the HLE application is not processed. We might additionally request documents that are additional be submitted for credit evaluation function.
If you’re working overseas, please submit additional earnings proof such as for instance your employment pass, work permit, company papers, or international earnings taxation statements. A english that is official translation required if the initial papers aren’t in English, Mandarin, Malay or Tamil.
The next types of income/ allowance will not be considered for credit evaluation:
- Alimony/ upkeep charge
- Claims/ reimbursement/ expenses
- Director’s cost
- Dividend income/ interest from deposit records
- Income from advertisement hoc overtime work
- Nationwide provider allowance
- Occupierâ€™s earnings
- International price of living allowance*
- Leasing income
- Scholarship allowance that is overseas