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Bank Loan Change To Hdb Loan

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can an existing bank loan be changed to a hdb loan should one of the spouse lost the job and the income become less than 8k?

can an existing bank loan be changed to a hdb loan should one of the spouse lost the job and the income become less than 8k?

Can switch from hdb to bank but not bank to hdb.

Q: I have just become a Singapore Citizen. Can I refinance the bank loan on my current flat and apply for an HDB loan?

[ Living in HDB Flats > Servicing Your Mortgage Loan > Mortgage Loan Payments ]

A: If you have taken bank loans for the purchase of your flat, you cannot refinance the bank loan with a HDB loan, whether you are a Singapore Permanent Resident or a Singapore Citizen.

You can however enjoy the HDB concessionary loan when:

(a) you next purchase an HDB flat, or

(b) you transfer ownership of your current flat.

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