If you need capital to find and take more than ownership of a condo, you may submit an application for a construction mortgage of HDB or you to definitely regarding the loan providers. Understand the search terms and factors on additional loan possibilities before deciding.
Eligibility criteria
It’s also possible to finish the survey getting a preliminary testing from your own qualifications on the acquisition of an alternative or selling apartment, property grant(s), and you can a keen HDB construction financing.
- Haven’t in the past taken several houses loans regarding HDB
- Took step one homes mortgage from HDB as well as the past owned house is not a local or overseas private homes (relate to informative data on individual possessions ownership)
- Older people aged 55 and you may more than: you are not trying to get an initial-book dos-room Flexi apartment otherwise Area Worry Apartment
- Singles: youre about thirty-five years old and purchasing certainly one of another:
- 2-room Flexi flat on 99 year-rent from HDB during the non-adult properties; otherwise
- 5-place otherwise reduced selling flat
# A significant occupier was a family member who may have allowed new applicant(s) to meet the requirements to get an apartment. They don’t have ownership of apartment and may are regarding flat software, in addition to inside the lowest community period (MOP) after the apartment get.
- $fourteen,100000 to own group
- $21,000 for longer group (make reference to the brand new guide for more information)
- $7,100000 to Valley Head loans possess men and women to order beneath the Single Singapore Citizen (SSC) Program
^ Personal features were but are not restricted to domiciles, houses, homes, Administrator Condominium (EC) products and you can privatised HUDC apartments. You have got received a desire for a home owing to purchase otherwise if it is:
The loan number will depend on the fresh new the quantity the rest lease can be defense the new youngest consumer toward age 95 and over. (more…)