Iristan
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- Jul 4, 2012
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Correct me if i am wrong.
For the above 30 part. That is ture only if you loan from bank.
The officer told me that for bank loan you have to pay 5% downpayment in cash no matter which age group you are in. As for HDB loan, the 5% downpayment in cash only apply if both the couple above 30 yrs old. To make sure you can call and check in case i heard wrongly. For my case taking bank loan so was told to pay the 5% cash within 4-6mths time.