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| *Loan,banking and credit>>>bank loan |
Will banks refuse to issue a loan on a property in Geylang, even if it's far from the red-light Lorongs? |
Will banks refuse to issue a loan on a property in Geylang, even if it's far from the red-light Lorongs? Yes, especially local Banks like DBS and UOB. But you shouldn't have problem to get loan from other financial institute. Get the Principle in Approval from the bank before you make any deposit to be safe. Yes banks has rights to refuse loan application. but not all banks work in a same way try to reach different bank and you might get a positive deal. |
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