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Hi Mr Guru. I am a newly divorced 48 yrs old without custody of children. Sold my first BTO 4rm bought from HDB 10 yrs old, and second flat (resale with private bank loan) recently. Am I eligible to apply for a new BTO flat from HDB after 3 yrs? or can I buy a resale flat from open market? How much can I borrow? How long will the tenure be? ($150K in CPF A/c and income of $1500)
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Afternoon Bubbly, Since you have purchase subsidized unit, you are not eligible for BTO for singles. You can however, look at resale HDB unit. How much loan is out for your reach would depend on your credit status and employment period. For bank loan, you can work up to max of 65 years of age. DO feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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