Asked by Don
I am a divorcee. I used my first HDB concessionary loan on a flat and have since sold it after getting a divorce. Now I am looking for a HDB resale flat with my fiancée who has not bought any properties. Our combine income is less than 8k.
Qn 1) Can both my fiancée and I use a HDB loan for a flat?
Qn 2) I've made a 100k profit (my share) when I sold off my previous flat. Will I need to use some of it for my second loan with HDB?
Qn 3) in regards to qn 2; Will a bank loan be a better option since I do not want to use the cash that I've gotten from my previous sale for the new purchase?
Qn 4) I have used up the grant for first timers but my fiancée has not. Could she use it for the flat that we planned to purchase?
Qn 5) I have not used the grant for buying a flat within my parent's. Will the grant be still available for me to use for this second flat?
Thanks in advance for your help.
Qn 1) Can both my fiancée and I use a HDB loan for a flat?
Qn 2) I've made a 100k profit (my share) when I sold off my previous flat. Will I need to use some of it for my second loan with HDB?
Qn 3) in regards to qn 2; Will a bank loan be a better option since I do not want to use the cash that I've gotten from my previous sale for the new purchase?
Qn 4) I have used up the grant for first timers but my fiancée has not. Could she use it for the flat that we planned to purchase?
Qn 5) I have not used the grant for buying a flat within my parent's. Will the grant be still available for me to use for this second flat?
Thanks in advance for your help.
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