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Dear Serious Buyer,

yes, you can certainly use your CPF to finance the purchase of your condo. As this is your 2nd property, you must set aside $58500 of CPF account. Savings in your ordinary and special account can be used to meet this figure.

Bank loan amount will likely depend on your financial situation: your income and debt history, age, and other factors; it is best you discuss with a banker so they can paint you a clearer picture regarding your financial concerns. I can arrange for you a banker to help address your concerns. No obligations.

If you need any other help regarding the purchase of your private property, do let me know.

Best Wishes
Dalen Chee
email : dalenchee@gmail.com
web : www.96952550.com Read More

Hi serious buyer,

For the minimum sum of $58.5k that need to be set aside, this includes the savings in the ordinary and special accounts plus the amount that is used for investment in the special account.

As mentioned above, the 3 local banks provide 90% loan subject to your financial status.

Approval-in-principle loan can be done in a couple of days. Usually, it will be valid for 2-3 months, depending on banks. Documents required include NRIC, pay slips, cpf statements.

I can help you do all these paperworks, no worries. Appreciate you can call me at 96836230  or email me at anderang@hotmail.com for further discussion.

Thanks,
Ander ERA Read More