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Hi m 54 and my wife had fully paid off our 10 yrs HDB loan, if now i and my daughter 27 wish to buy a private property, are the banks based on younger age borrower, my daughter to grant the loan for 30 yrs tenure and 80% max.Pls advise. David
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1 Answer

Mike Lim
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Afternoon David,

Most bank would take the average of both borrowers. Hence you can only get max of 24 years old at 80%.

Do feel free to contact me for further discussion.

Regards
Mike Lim
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