Asked by Poohcsl chew
If my parents have an existing private property and HDB flat, both of which are already fully paid up, how much loan can they take for a 2nd private property? My dad is still working and my mum is a housewife. They are in their late 50s. For their 2nd private property, i intend to post as the guarantor and the monthly mortgage will be deducted from my bank account. Currently, I have an existing HDB loan that will probably finish in abt 2-3 years. My annual income is about $120k.
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