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I own HDB (resale) with my mum. MOP ends Nov 2016.
My wife would like to buy condo. We have enough cash plus her CPF for 20% downpayment. She is a 'housewife'. Can the monthly allowance i give her be recognised as income for credit assessment for bank loans?
She has no property, no outstanding loans.
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5 Answers

Ivan Ng
Replied
Hi,

Unlikely that can be recognized as income, perhaps my banking partners can assist further? Thanks.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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D. Kumar
Replied
Hi,

Perhaps my bankers would assist you with that.
Do contact me so that I can link you up.

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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Rix Jim
Replied
HI there, There is a few ways we can proceed with helping her and you get a second property with min ABSD or no ABSD depending on your situation. however the process can be a bit tricky to understand. do drop me a call or e mail and we can have a more detail discussion on this process.
Thanks
Rix Jim
Propnex
 9687 1379  Read More
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CK Ang
Replied
Hi, unfortunately allowance will not be consider a the income. The loan eligibility will only compute base on the owner monthly salary.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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GAN ENG JOO ONASSIS
Replied
Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

Onassis Gan Eng Joo - CEA Reg No.: R021244C
CES Certified SG Realtor l SGRealtor.com
agent.myweb.sg (PropertyGuru) / agent.irealtor.sg (iProperty)

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