An HLE letter advises you on your eligibility to take an HDB housing loan and the loan amount.
If you need a housing loan and meet the eligibility conditions and credit assessment criteria, apply for an HLE letter to get a confirmation on your housing loan eligibility. You need to have a valid HLE letter before you may commit to buy a flat^ or take over the ownership of a flat.
^ There is no mortgage loan financing for the purchase of a short lease 2-room Flexi flat or Community Care Apartment. You have to pay for the flat using your cash and/ or CPF savings.
Find out more about the application process, and important information about the HLE letter below.
Before buying a flat, do plan ahead and apply for an HLE letter. It will be valid for 6 months from the date of issue.
A valid HLE letter is required when you:
Additional notes for purchase of a new flat from HDB:
You may also finance your flat purchase with a housing loan from a financial institution (FI). Make an informed financing decision and give yourself enough time to:
Check out the infographic (PDF, 748KB) on the 4 steps to submit your application.
It will be valid for six months from the date of issue. There is no need for re-assessment during this period if there are no adverse changes in the incomes and financial position, and no changes to the applicant(s) and occupiers(s).
A week before the HLE letter expires, you may apply for a new one if you are still buying a flat.
The loan offer will be reviewed if:
If you have purchased an uncompleted flat from HDB, we will review your financial position nearer the completion of the flat. This is to confirm that there are no adverse changes in your ability to service the housing loan, otherwise the loan amount may be reduced.
Find out more about the income guidelines, and the documents you need to prepare for your HLE letter application.
Find out more about the types of HDB flats available for sale and design features of new flats.
Get started with your flat purchase by finding out about the buying process of a flat from HDB.
Understand and follow the resale procedures to ensure a smooth flat buying journey. Find out more about the process before committing to a flat purchase.