Asked by SP16
Hi Guru,
Currenlty myself and my wife are joint owners of our hdb flat, and we are out of our MOP period and loan lock in period.
Both of us are working and would eligible individually for the loan.
My question is can I transfer my ownership of the hdb to my wife and also the remaining loan? I become an occupier while my wife would be the sole owner of the hdb with the loan under her name.
Now that i will be loan free, would I be able to by a private condo with 80% loan money?
Please advice.
Thanks.
Currenlty myself and my wife are joint owners of our hdb flat, and we are out of our MOP period and loan lock in period.
Both of us are working and would eligible individually for the loan.
My question is can I transfer my ownership of the hdb to my wife and also the remaining loan? I become an occupier while my wife would be the sole owner of the hdb with the loan under her name.
Now that i will be loan free, would I be able to by a private condo with 80% loan money?
Please advice.
Thanks.
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