Requirements when you take another HDB casing mortgage

Requirements when you take another HDB casing mortgage

If you need capital to purchase or take along side ownership regarding an apartment, you can even sign up for a homes mortgage out-of HDB or the creditors (FI). See the key terms and factors towards different loan options before making a decision.

Get a keen HDB Apartment Eligibility (HFE) page through the HDB Flat Portal to possess a holistic understanding of their homes and you may resource possibilities before you can carry on your home to purchase travels. It can tell you upfront of one’s qualification to find good this new or selling flat, while the level of homes grants and you will HDB homes financing you’re qualified to receive.

Eligibility criteria

* The latest LTV maximum is the limit number of housing loan an apartment applicant can take up, conveyed given that a percentage of the all the way down of the apartment rates and cost of your apartment.

Individuals who’ve kepted a different apartment otherwise registered a selling software will be given with a custom economic package, that can range from the appropriate LTV restrict from the point regarding flat application (when they taking an HDB casing mortgage), and also the costs expected within some goals of the flat buy. Read More