Asked by Ornate Closet
My parents (Dad SC 63, Mum SPR 60) are intending to get a divorce as my youngest bro is about to complete his university education in a couple of years. My dad is a blue collar worker and mum a housewife.
1. If my dad retains the HDB (fully paid), how likely would my mum be granted a housing loan in consideration of her age if she were to but a resale?
2. As my mum did not finance the HDB, would she be entitled to transfer her share of the HDB to my dad for a sum of CPF money for payment of the resale HDB?
1. If my dad retains the HDB (fully paid), how likely would my mum be granted a housing loan in consideration of her age if she were to but a resale?
2. As my mum did not finance the HDB, would she be entitled to transfer her share of the HDB to my dad for a sum of CPF money for payment of the resale HDB?
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