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Hi,

As you will be the sole owner of the flat, only your income is used for loan assessment. If your siblings are at least SPR, they can be put in as co-owners. As co-owners, their income can be used for loan assessment.

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

Hi,

1) Your assumption on eligibility is correct. Ensure their pass have a validity period of at least 6 months from the date of issue.
2) The household income is based on all personnel (including occupier) living in the house. This is to determine the eligibility for HDB loans and grants.
3) To determine how much housing loan you are entitled to is based on only the owner and co-owners.
4) Anyway you are not eligible for any grants based on your descriptions.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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