AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
My current 4A HDB is estimated to be fully paid within 3 years. We wish to rent out our HDB while buying a condo for own stay. However, we do not have extra CPF for second property as I get to know we need to set aside minimum sum for second property. Do you think we can get up to 90% loan from bank if we want to purchase a condo without selling our HDB?
0 •
946 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Brandon Aw ERA
Replied
Dear Upgrade,

With regards to 80% or 90% loan or anything lower, would voice down to your combined income and current commitments and also credit bureau.

Can i suggest yourself to drop me a msg/email, so that i can get my usual bankers to do the calculations for you?

Cheerz and Happy CNY!!
Brandon - ERA Marketing Director
HP: 8233.23.23
Email: aw.brandon@gmail.com Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions