Asked by Cherie Chze
Hi there, my hubby and I are interested in buying a second property but are a bit confused with the financing rules. We currently have a HDB flat and are servicing the HDB loan with both our CPF. I have two questions - 1) is my LTV for the 2nd property now at 40%? and 2) do we need to maintain a min amount in our CPF OA for the existing property? Any help is greatly appreciated.
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