Hi,
1) As an SPR family, both applicants must be the owner. But you may have only a single person applying for the loan.
2) If your concern is fairness in the financial contribution of the flat. I would recommend you to select Tenancy-In-Common in your resale application.
3) Using this type of ownership, you can define the exact percentage of each owner's own. For example, you may take a 95% share of the HDB flat where the other party will take only 5% since he/she is not financially contributing to the monthly mortgage payment.
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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