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Hi Norhafizah

1. If both you and your husband are listed as the property owners, you can utilize both of your CPF accounts to cover the initial down payment and manage the mortgage payments. Meanwhile, your husband can be the sole borrower responsible for servicing the bank loan.

2. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
No agent fee from private property buyer

I will be glad to assist, I am well versed in private property and has done many transactions
I hope the above clarifies, please feel free to contact me at (65) 9660.8508 so I can explain further
Appreciate if you can contact me at (65) 9660.8508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi Norhafizah

1. If both you and your husband are listed as the property owners, you can utilize both of your CPF accounts to cover the initial down payment. Meanwhile, your husband can be the sole borrower responsible for servicing the bank loan.

2. How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you
No agent fee from private property buyer

I will be glad to assist, I am well versed in private property and has done many transactions
I hope the above clarifies, please feel free to contact me at (65) 9660.8508 so I can explain further
Appreciate if you can contact me at (65) 9660.8508
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, may I refer a mortgage broker to you?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good day to you,

As long as the unit is co-owned, both of you are eligible to utilize your CPF monies for the downpayment.
Since the mortgage loan will be registered under the husband's name, the husband's CPF OA can be utilized for the monthly installment.

Let's get in touch and allow me to recommend my entrusted banker to assist both you.

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 96929209 
R026708F
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ERA Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

As long as husband and wife are both owners, their CPF can be used for the property's downpayment. For servicing of loan, only the husband's CPF will be utilised.

——

I have been in the real estate business since 2009, with more than 15 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 15,900 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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While the arrangement you are describing will work, there are however 3-4 implications down the line. You need to think through carefully how exactly to structure the ownership as well as the loans.

I have also access to bankers who specialize in credit score improvement guidance and personalized loan structuring if you need.

I'm a Harvard graduated real estate agent with a degree in economics, and I have a decade of experience working on Singapore public policy. I would love to schedule a free consultation to discuss your options if you need any support.

Feel free to reach out via whatsapp or email.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

Hi Norhafizah

Yes that is possible, it is the sole borrower, 2 legal owners arrangement. Hence only credit score of the borrower is applicable, and both of you can use your CPF OA to fund the downpayment and monthly repayment. Are you planning to upgrade from HDB? I have assisted many owners to do the same and will be able to share a detailed breakdown of finances and timeline so you know what to expect.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Yes, it’s possible — but with important conditions to note:
• The bank loan can be in the husband’s sole name if the wife’s credit rating is poor and may affect loan approval.
• However, both husband and wife must be listed as co-owners of the property in order for both parties to use their CPF funds for the downpayment and monthly instalments.
• CPF usage is tied to ownership, not whether you’re on the loan. So the wife must still be an official owner (on the title deed) even if she’s not part of the loan.

Before proceeding, do check with your bank or mortgage broker, as not all banks allow single-name loans with joint ownership, and approval policies may vary.

If you’d like help assessing your options or getting a bank that fits this structure, feel free to reach out — I’m Aren from PropNex, 9657 6701. Happy to assist. Read More

Hi,

It is a must under CPF that only owner(s) can utilized CPF funds for home downpayment and mortgage service.

All The Best!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://www.facebook.com/Homesellerbuyer

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1. **Yes, this is possible** under the *sole borrower, two owners* arrangement.

2. In this setup, **only the borrower's credit profile** is assessed for the loan, even though the property is **co-owned**.

3. Both co-owners can still **use their CPF OA funds** for the **downpayment** and **monthly loan repayments**.

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255

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Hi,

1) Yes, this is possible.
2) Both can be the owner, but only one apply for the mortgage.
3) In this way, both funds in CPF OA can be utilized for the initial downpayment and use to service the loan.
4) The bank will not care where the money is from a bank account or which CPF account.
5) You can perform a e-servce in your CPF account to set up how much to pay each month for the property. This action is required whenever there is a change of interest rate.

All The Best!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

Note:
Any response to our answer does not reach us until we scroll through every query posted daily.
The best way to get a follow-up is to contact us directly via WhatsApp or email. Read More