Asked by K B
Hi, we plan to buy a terrace house in East Coast sometime early next year. My CPF will be at 50k, Cash 165k.
Our combined monthly income is 16k/month (10+6), however my wife has just started working and has not filed any tax returns as yet. Will it difficult to get a loan on our combined incomes?
We are looking at a house with a valuation of about 1.2Mn maximum. Our projected savings will though not be 20%, at 20% we can afford 1.07 Mn only.
Can we secure a 85% loan or a bridging loan to meet the 20% deposit ? Your opinion is appreciated
Our combined monthly income is 16k/month (10+6), however my wife has just started working and has not filed any tax returns as yet. Will it difficult to get a loan on our combined incomes?
We are looking at a house with a valuation of about 1.2Mn maximum. Our projected savings will though not be 20%, at 20% we can afford 1.07 Mn only.
Can we secure a 85% loan or a bridging loan to meet the 20% deposit ? Your opinion is appreciated
1258 views