Asked by Des C.
We are a group of siblings planning to buy a resale HDB flat for our retired parent both above 60yr old.
Is it possible buy a resale flat under their name (husband/wife) but get a bank loan by using our names as borrowers and/or guarantor? Can we use our CPF to pay for the house?
There are 4 of us, 2 of us bought are staying in HDB bought direct from HDB within 5 yrs, and the other 2 are having resale HDB flat.
What other considerations are there for eligibility to buy a RESALE flat in our circumstances?
Thanks!
Des
Is it possible buy a resale flat under their name (husband/wife) but get a bank loan by using our names as borrowers and/or guarantor? Can we use our CPF to pay for the house?
There are 4 of us, 2 of us bought are staying in HDB bought direct from HDB within 5 yrs, and the other 2 are having resale HDB flat.
What other considerations are there for eligibility to buy a RESALE flat in our circumstances?
Thanks!
Des
3990 views