Standards when you take a moment HDB casing mortgage
If you like financial support to order and take along side control away from a condo, it’s also possible to get a property mortgage away from HDB or even the financial institutions (FI). Understand the search terms and you may factors with the other loan selection before deciding.
Submit an application for an enthusiastic HDB Flat Eligibility (HFE) page through the HDB Apartment Site getting a holistic comprehension of the homes and you will money solutions before you could embark on your home to get travel. It can show initial of your eligibility to acquire a great the newest or resale apartment, and the number of construction gives and you will HDB homes loan you’re eligible for.
Qualification standards
* The brand new LTV restrict is the restrict number of housing financing a flat applicant can take upwards, conveyed given that a portion of your own all the way down of your own flat rates and cost of apartment.
Candidates that have kepted another type of flat or submitted a selling app will be presented having a customised monetary package, which will range from the appropriate LTV limitation from the area from apartment application (when they getting a keen HDB casing mortgage), and costs necessary from the certain milestones of its flat get.
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