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I am an ex bankrupt. recently I was discharged in 2018 December. I have applied for bank Loans but rejected by banks. Only 1 financial situation agree to give me a loan. My question is : Can I appeal to pay the 5% cash downpayment in CPF instead? I do not have that much cash to put down the 5% deposit in cash.
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2 Answers

Aaron Chong
Replied
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you are right. I do have a case like yours and my buyer managed to get a loan from Singapura Finance at 75% of the purchase price.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Replied
Hi,

For purchases under bank loan, be it HDB or private, there will be a mandatory 5% CASH downpayment. The balance 0% downpayment can be in form of CPF.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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