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Good afternoon,

I assume you are referring to private property. Based on the limited info shared, yes if the finances are strong, and the loan applicant is able to obtain the loan amount required (base solely on his/her income, age and credit profile) to refinance on her sole borrowership, yes it will be possible to remove the spouse name from the mortgage.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, yes it is possible and perhaps I could get my banker to be in touch with you.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Should be able to. The best person to talk to is a banker.
If you would like me to link you guys up, please feel free to drop me an email at: ask-ED@edVANTAGE.sg

Food for thought: (a) 1 condo + 1 HDB or (b) 2 condos. which is better?

Feel free to drop me a msg by entering the below into your browser:
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"If you want to go fast, go alone. If you want to go far, let's go TOGETHER!!!"

Sincerely,
Edvan LEE CK
Hp: 8424 1222 
PropNex Project Lead IC
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Hi Mdm,

It is not possible if he is still the owner of the property. He will only be able to loan up to a max of 45% for the next property, as he is also currently the owner of a property that is still under mortgage loan. The only way he is able to get up to 75% LTV, would be to decouple from the property.

This also makes sense anyway. Because by doing decoupling, the Buyer of his share (in this case you) only pay 3-4% of 1/2 the property price/valuation, and he could save up more than 15% in BSD/ABSD for his next property purchase.

I am experienced and well-versed in both private and HDB resale transactions.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

HIGH RISK MOVE!!!!!

Do drop me an email at EdPropertySG@gmail.com and we can take it from there buddy! Read More