Property & Real Estate Discussions on Home Financing

3489 Results Found in Home Financing

Tan in Home Financing

asked on 17 Sept 2012

Can the COV be part of the housing loan? ie, if the house is $370000 & the seller wants a $30000 COV. So can I loan $400000 from the bank? Or I need to fork our the COV(for this case is $30000) in hard cash? Kindly advice.

0 • 832 views 2 Answers

Jay in Home Financing

asked on 16 Sept 2012

My wife and i currently own a property and have both of us jointly committed to a bank loan for the property. I want to take one name out of the loan so that we can get 80% finance for the next property. Is there any bank that will only allow me...

0 • 441 views 2 Answers

Need help! in Home Financing

asked on 16 Sept 2012

We are thinking to sell and upgrade flat. Our current flat is the 3rd home loan from HDB and is under market rate. We have also been rejected by few banks due to default records in CB, is there any other alternative home loan that we can get?...

0 • 916 views 4 Answers

SP in Home Financing

asked on 15 Sept 2012

We are planning to sell our existing 5-room And upgrade to executive flat. We are not eligible for HDB loan and were rejected by few banks already. We need about 55% loan which is around 300K. Our monthly income is S$7,500. At current we have...

0 • 469 views 2 Answers

Vincent in Home Financing

asked on 15 Sept 2012

We lived in a HDB flat(Valued:400K) for 12 years. My dad died 4yrs ago and our loan is paid by Home Protection Scheme. My mum and my bro are the owners of this flat since. I (28yo) intend to buy an EC with my mum (2nd timer). This mean my bro...

0 • 905 views 7 Answers

Jack in Home Financing

asked on 14 Sept 2012

Hi. I am currently looking at SOHO (Sale with tenancy) within city. Will the bank reject the loan if the tenancy lease is signed under Residential?

0 • 332 views

hunter in Home Financing

asked on 11 Sept 2012

Currently I am renting out my fully paid 3rm flat for $2k a month. would it be wise to sell it for $400k and use the money to purchase a studio condo for rental and investment purpose? My budget for the studio will be 600k the most as I am...

0 • 757 views

sparrowsoffshore in Home Financing

asked on 11 Sept 2012

Can I Refinance My HDB flat with Local Bank

0 • 1122 views 11 Answers

Anonymous in Home Financing

asked on 11 Sept 2012

I have 30k left in my ordinary account and will like to pay off my 1st property loan, whilst still holding on my 2nd property. Is this allowed by CPF? Does the min sum of 1/2(ordinary + special account) apply to 1st property?

0 • 430 views 1 Answer

Mr Rockefeller in Home Financing

asked on 10 Sept 2012

Dear Gurus, I own a condo currently together with my wife where the outstanding loan amount is $500K. Current valuation for our condo is about $1.1 million. We want to buy another condo which is valued at $2.1 million but not sell our original...

0 • 668 views

old_couple in Home Financing

asked on 9 Sept 2012

We are a retired couple and we currently own a condo which is fully paid up, but would like to shift to a new development (under construction), and sell our current place just before the new place is ready. How can we go about financing the...

0 • 651 views 1 Answer

MS in Home Financing

asked on 8 Sept 2012

Dear gurus, wish to invest in private property. Current HDB mortgage at $70K. Intend to include wife name to assist to clear all of the balance since she just sold of her flat since she bought before marriage but CPF minimum sum will be an issue...

0 • 433 views

MS in Home Financing

asked on 8 Sept 2012

Dear Gurus, I wish to invest in private property. My HDB mortgage left with $70K. To qualify up to 80% loan, here are my options: A) Include my wife name to my home and use her CPF to clear all (she bought her HDB before our marriage hence sold...

0 • 690 views 1 Answer

Daddy in Home Financing

asked on 8 Sept 2012

Hi. After selling my current flat n purchase a 3 room resale Is it a must to fully utilized the whole CPF obtained after selling ? Can I not decide to leave let say 10K balance inside my OA N utilized the rest for my next purchase ?...

0 • 350 views 1 Answer

post a new question in Home Financing

asked on 7 Sept 2012

can i use cpf to repay mortgage loan

0 • 611 views

PG in Home Financing

asked on 6 Sept 2012

Hey Gurus, my wife and I have a 4RM HDB in the north (shld fetch around $400K and above) and it is fully paid. With a combine income of $5K and with $33K combine CPF and $25K cash on hand, is it a good idea to go for an equity loan as to invest in...

0 • 590 views 2 Answers

Mr. Zahid Ibrahim in Home Financing

asked on 6 Sept 2012

I am new at financing private property. For purchase of resale unit, when does the 15% CPF and/or Cash need to made? It is upon OTP agreed or take-over of unit (completion)?

0 • 984 views 6 Answers

Anonymous in Home Financing

asked on 5 Sept 2012

I own a HDB flat and planning to buy a new EC. I have the cash 5% downpayment but short of the other 15% in my cpf. Will i be able to get a bridging loan and wait till TOP to sell my current HDB flat and pay off the loan? My HDB flat will...

0 • 823 views 1 Answer

Apple in Home Financing

asked on 3 Sept 2012

Hi, I'm still single at e age of 32 and intend to buy a resale flat but then stll thinking shall I get it direct from HDB balance resale flat or open market? If I will to apply for e HDB loan, do my mum require to throw back 50% profforms on our...

0 • 751 views 1 Answer

Zix in Home Financing

asked on 2 Sept 2012

Hi, if my husband uses his cpf solely to service loan for resale hdb flat. After MOP, do I still have to set aside min sum in CPF before purchasing second private property? My CPF was not utilized for the resale hdb flat all so I would like to...

0 • 977 views 6 Answers

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