2 Answers

Hi,

There is a Loan to Valuation and minimum cash rule when you are taking up bank loan in the purchase of your home. So you won't be able to loan 100% of the house value from bank.

Regards,
Nicholas
 8118 4108  Read More
0
Robbie Chen Chee Howe
Hi,

Loan-to-Value (LTV) is capped at maximum 75%. This means that you will need to fork out at least 25% of the purchase as downpayment. There is no more 20% downpayment since July 2018.

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
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions