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Hi, I have a HDB Exec and my mortage loan is about to clear soon. Thinking of upgrading to Condo but on the remaining 15%, my CPF is not enough as most has been cleared by my current housing loan. Is there any way that I can get any loan/ways to still be able of thinking of upgrading or should just wait for few more years to build up my 15%. Tks.
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1 Answer

Mike Lim
Replied
Morning,

If you have the intention to sell of your current unit, after you have purchased a private property, you may try to talk to banker on the type of loan available for you.
However, do note that interest rate for such loan is quite high.
Else, as per what you have suggested, clear your current housing loan and try to built up your CPF, within the next few years.

Do contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA
CEA No: R026708F Read More
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