Asked on 22 Nov 2018
Hi, I just bought my HDB flat last month with my spouse and I managed to keep the first $20k (combined total) in both of our accounts.
This mechanism is only applicable for HDB loans.
Also, does your HDB loan cover fully the purchase price of your flat, along with all the other stamp duty and legal fees?
Did you notify the HDB officer in writing during the signing of documents?
It is $20k combined between both payers (not 20k each). But If u said both of your CPF gets used completely, did u have enough cpf funds for down payment (and stamp duties and legal fees)?
Otherwise u might want to check with HDB first to ensure the option u chose is recognised?
Did u also takeup the HPS since u are taking loan from hdb? I can advise a more efficient way. If u would like can add me on facebook.
Did you get any advise from the property agent?