Asked by Aidan Irfus
Property Wanted.
Hi there.
I need help.
My fiance and i are looking to buy either a resale HDB flat or a 2 bedroom condominium around D03-D10 (Alexandra, Commonwealth, Queenstown, Holland)
Our gross combined monthly income is $11,000-$15,000.
We do not qualify for HDB loans or Grants (because apparently we earn too much).
The problem is, we also just started working and we do not have enough cash savings for Cash Over Valuation or Downpayment.
Ideally, We would like the keys to our flat by April 2012.
May i know if it is possible to have a loan approved for downpayment/COV amount?
Which purchase is wiser for our situation? Condo or Resale HDB?
thanks!
Hi there.
I need help.
My fiance and i are looking to buy either a resale HDB flat or a 2 bedroom condominium around D03-D10 (Alexandra, Commonwealth, Queenstown, Holland)
Our gross combined monthly income is $11,000-$15,000.
We do not qualify for HDB loans or Grants (because apparently we earn too much).
The problem is, we also just started working and we do not have enough cash savings for Cash Over Valuation or Downpayment.
Ideally, We would like the keys to our flat by April 2012.
May i know if it is possible to have a loan approved for downpayment/COV amount?
Which purchase is wiser for our situation? Condo or Resale HDB?
thanks!
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