3 Answers

Aaron Chong
Replied
Hi Mr Chan, I'm afraid that you can't act as a guarantor for your parents. As the borrower name has to be the same person as the purchaser.

Regards
Aaron
 97308455 
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Eldora Lie
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Hi Mr. Chan,

As per what other fellow agent mentioned, it will not be possible under such kind of scenario.

But, if you are keen to explore, you might want to consider commercial investments as there are investments with low quantum ($500k and abv) and 2 years guaranteed rental yield ranging from 4 - 7 %.
*P.s. Do take note that any loans taken for commercial property purchase will also be subjected to TDSR considerations.

Regards,
Eldora
 9118 8867 
eldora.lie@gmail.com Read More
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D. Kumar
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Hi,

Im afraid that will not be a viable option.
I guess I'll need to derive more info from your side to explore and advise on possibilities to help you attain your goal.

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D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

About Me-
ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More
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