If you need funding buying and take over control off a flat, you may want to submit an application for a casing loan away from HDB otherwise one on the loan providers. Comprehend the key terms and you can considerations for the more loan alternatives before deciding.
Qualification requirements
You can also complete the questionnaire getting a short comparison from your own qualification toward purchase of another type of otherwise resale flat, housing offer(s), and you will an enthusiastic HDB homes loan.
- Haven’t in earlier times pulled several housing loans away from HDB
- Have taken 1 homes financing of HDB as well as the history possessed home is maybe not a local otherwise overseas personal homes (reference details on private property control)
- Elderly people old 55 and you will more than: you are not applying for an initial-rent dos-room Flexi apartment otherwise Society Proper care Flat
- Singles: you are at the least 35 yrs . old and buying among the following:
- 2-space Flexi apartment for the 99 seasons-book out-of HDB during the non-adult locations; otherwise
- 5-room otherwise quicker selling flat
# An important occupier try a family member having enabled the fresh applicant(s) to qualify to invest in a flat. Continue reading “Criteria when taking the second HDB housing loan”
