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Requirements when taking one minute HDB casing financing

Requirements when taking one minute HDB casing financing

If you would like financing to shop for and take over control from a flat, it is possible to make an application for a casing mortgage out of HDB or one to from the creditors. See the terms and you will considerations with the other mortgage choice before carefully deciding.

Eligibility conditions

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It’s also possible to finish the questionnaire to possess a preliminary comparison out of the qualification towards the purchase of a unique otherwise resale apartment, housing offer(s), and you can an HDB construction loan.

  • Have not before removed several homes money off HDB
  • Have taken step one property loan regarding HDB as well as the past owned house is perhaps not a neighborhood or to another country private land (refer to home elevators private property ownership)
  • Elderly people old 55 and a lot more than: you’re not applying for a primary-rent 2-room Flexi apartment otherwise People Worry Apartment
  • Singles: you are at the very least thirty-five yrs old and buying certainly one of another:
  • 2-space Flexi flat for the 99 season-lease off HDB from inside the non-adult locations; otherwise
  • 5-area otherwise smaller selling apartment

# An important occupier are a member of family having permitted the brand new applicant(s) to help you qualify to purchase a flat. Sigue leyendo