See the search terms and you may factors toward additional loan choices before making a decision
If you need money to get and take across the possession off a condo, you may want to sign up for a houses loan off HDB and/or creditors (FI).
Make an application for an HDB Flat Qualification (HFE) letter through the HDB Flat Webpage to possess an alternative knowledge of their homes and you may financing choice one which just go on your house buying journey. It does tell you upfront of one’s qualification to get an effective the fresh new otherwise resale apartment, and also the number of houses features and you can HDB houses financing youre entitled to.
Qualifications criteria
Every people in the latest core loved ones nucleus on your own HFE page app, shaped because of the candidate(s) and you may occupier(s) who let the domestic to fulfill the new eligibility requirements on the apartment purchase, have not removed a couple of housing financing regarding HDB.
* Construction mortgage isnt readily available for the acquisition out of dos-area Flexi flats on the short rent or Neighborhood Care Renting. You should pay for the latest apartment buy having fun with dollars and/ otherwise CPF Typical Membership savings.
Attention otherwise possession within the a home
Youre thought to individual otherwise are interested in a good possessions when you yourself have acquired a house courtesy buy or whenever it is:
- Obtained by the gift;
- Handed down due to the fact a recipient below a could otherwise regarding Intestate Sequence Operate;
- Had, gotten, or thrown away courtesy nominees; otherwise
- Obtained because of the waiting on hold faith for the next person/ entity.