The HDB Flat Portal allows you to apply for a housing loan from the participating FIs, as follows: i. Apply for an IPA When applying for an HFE letter, you can view and compare housing loans offered by the participating FIs and HDB, and apply to your preferred FI(s) for an IPA. ii. Request for an LO If you have received an IPA via the HDB Flat Portal, you can compare housing loan packages and request your preferred FI for a LO to confirm the housing loan offer through: • The digital platform to guide new flat buyers after booking a flat; or
• The "Convert IPA to LO" e-Service for resale flat buyers after they have received an outcome for their Request for Value. Do note that you must have a valid LO before you exercise the Option to Purchase to buy a resale flat.  The FIs will liaise with you directly on accepting their housing loan offer. Please accept only 1 LO from an FI. Your IPA and LO applications will be sent to the FI(s) of your choice. They will inform you of the outcome of your application.

This information is sourced from HDB