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HDB Questions

Asked by vic 15 Feb 2012

hi, i have a pte property loan in mine and my parent's names. ownership is only in their names. as a 36 yr old single can i still get a hdb loan at 90% ? I know for bank loans its only 60% , but what about for hdb loans ? otherwise the 40% downpayment is too heavy. thanks

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Mike Lim · Answer 1 · 2012-02-16T10:31:55+08:00

Mike Lim

Replied 16 Feb 2012

Morning Vic,

As you are not the owner of the private property but with an existing mortgage loan under your name, you will have to write into HDB and request for special approval. Chances are slim but no harm trying.

FYI
Mike Lim
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VK

vic

Replied 23 Mar 2012

Thanks alot, yup i wrote in to hdb and got the approval .

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