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Dear Sir/Ma’am:

We will be glad to assist you. Kindly write to us on realproperty63@yahoo.com.sg or call us on 93380071  .

Kind Regards,
Radhika Prakash
Edmund Tie and Company
 93380071  Read More

Evening,

Based on the current ruling, if the mortgage loan is under your name, you will be required to be either the owner or occupier. If you choose to have the mortgage under your parents name but you paying the monthly installment by cash, that will be a different situation.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

When you transfer the ownership and all current owner names are removed, the mortgage has to be transferred as well. Your parents thus must be able to finance it. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

Hi,

Always remember, Owner need not be Borrower, Borrower must be Owner.

So, if you want to finance the mortgage, you will have to be the owner of the property.

By transferring 100% shares of the property to your parents, they will have to be able to get the loan approved based on their income and age.

Do contact me at my mobile 9748 6305  . Let me understand your objectives for doing this transfer. I may be able to propose some methods to meet your objectives.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More