AskGuru Q&A Community

Hi!

the new rules applied for buyer whom are still servicing existing loan. if you have a current home loan, you will need to fork out for your 2nd home 10% must be cash 20% from CPF/Cash- the bank can only loan up to 70%.

hope the abov can clarrify your thoughts.

rgds
Jasmine
Orangetee.
 94795848 

jasmineneo.com Read More

Hi Desmond,

Yes, you are right. However, this only apply if you are servicing an existing mortgage loan.

Feel free to email/contact me for any further queries.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
ERA Read More

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