Asked by zhihao song
How to re-financing my HDB to releast cash? plan to buy condo but don't want to sell existing HDB to free up cash/CPF.
Bought my HDB in 2005 at 260K, outstanding morgage about 170K now, under HDB loan. Now the market value is about 380K to 400K.
Can I go to the bank to re-fanance my flat with the current value, with 20% down payment and release cash?
Thanks.
Bought my HDB in 2005 at 260K, outstanding morgage about 170K now, under HDB loan. Now the market value is about 380K to 400K.
Can I go to the bank to re-fanance my flat with the current value, with 20% down payment and release cash?
Thanks.
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