Asked by a***@0116.com
What’s the maximum loan can a PR get for buying a HDB flat?
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4 Answers
Hi,
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, maximum loan will be up to 75% and I would be happy to recommend a mortgage banker to assist you with this.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, maximum loan will be up to 75% and I would be happy to recommend a mortgage banker to assist you with this.
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Good afternoon Sir/ Mdm,
Max bank loan for an individual is 75% loan to value irregardlessly of residency status.
Loan assessment (based on MSR) is derived based on your age and income.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
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YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Max bank loan for an individual is 75% loan to value irregardlessly of residency status.
Loan assessment (based on MSR) is derived based on your age and income.
Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?
Best regards,
YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner
Contact:
Mobile: 91115171
Email: yt.tan91115171@gmail.com
Do follow me on:
IG: instagram.com/propertykaki
FB: https://www.fb.com/propertykaki/
YouTube: https://bit.ly/Youtube_PropertyKaki
To find out what’s the estimated valuation of your existing house, try our SRX property tracker.
You will receive free sms update on a monthly basis.SRX property tracker: http://bit.ly/yt_proptrack Read More
Hi,
1) There is no difference to the mortgage amount that an SPR or SC can get from a private bank in Singapore.
2) It is based on the MSR policy laid by the MAS. The percentage is kept at a maximum of 75% LTV.
3) With regards to whether you are able to get up to the maximum percentage to Loan-To-Value is based on your active income.
4) Simply to say is you are only allowed to use 30% of your monthly active income for your mortgage loan.
5) This is to ensure you are over-commit to a property.
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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) There is no difference to the mortgage amount that an SPR or SC can get from a private bank in Singapore.
2) It is based on the MSR policy laid by the MAS. The percentage is kept at a maximum of 75% LTV.
3) With regards to whether you are able to get up to the maximum percentage to Loan-To-Value is based on your active income.
4) Simply to say is you are only allowed to use 30% of your monthly active income for your mortgage loan.
5) This is to ensure you are over-commit to a property.
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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1
Hi
For an all SPR household to be eligible to purchase a HDB, all of them need to be an SPR for a minimum of 3 years. An SPR could not take up a HDB loan and therefore the only option is a bank loan. The maximum bank loan/CPF usage breakdown as per MAS requirement is as below:
5% - Upfront Cash on the value
20% - Upfront CPF/Cash on the value
75% Loan - On the value
Do note that SPR is liable for additional buyer stamp duty of 5% on top of the standard buyer stamp duty which is about 3%. All stamp duties can be paid up using CPF if you prefer. In order to do a more detailed calculation, I will need more financial information on your side. Do note that this does not includes COV which must be paid immediately in cash should the purchase price exceed valuation (eg valuation $450K, Purchase price $470k, COV 20K). I am specialised in HDB transactions and have served various buyers with the vast majority managed to secure a house without COV which is quite rare in today seller's market situation. Do contact me at 93375051 fro a free and non obligatory discussion on this and I am more than happy to assist.
Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051
ERA Realty Network Pte Ltd Read More
For an all SPR household to be eligible to purchase a HDB, all of them need to be an SPR for a minimum of 3 years. An SPR could not take up a HDB loan and therefore the only option is a bank loan. The maximum bank loan/CPF usage breakdown as per MAS requirement is as below:
5% - Upfront Cash on the value
20% - Upfront CPF/Cash on the value
75% Loan - On the value
Do note that SPR is liable for additional buyer stamp duty of 5% on top of the standard buyer stamp duty which is about 3%. All stamp duties can be paid up using CPF if you prefer. In order to do a more detailed calculation, I will need more financial information on your side. Do note that this does not includes COV which must be paid immediately in cash should the purchase price exceed valuation (eg valuation $450K, Purchase price $470k, COV 20K). I am specialised in HDB transactions and have served various buyers with the vast majority managed to secure a house without COV which is quite rare in today seller's market situation. Do contact me at 93375051 fro a free and non obligatory discussion on this and I am more than happy to assist.
Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051
ERA Realty Network Pte Ltd Read More