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You do not need to contribute CPF just to borrow from banks. If you have filed for income tax, banks will used what you have filed and use that to calculate. If you do not work, for eg, a housewife, you may use liquid asset loan to borrow. Do give me a call if you need any assistance. Rgds Philip Chong, Associate Team Director, Singapore Accredited. Mortgage Planner, Propnex Realty Pte Ltd. Hp:81613790 Email: propnex@me.com Read More
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