Q1 I have an HDB Flat Eligibility (HFE) letter and qualify for an HDB housing loan. What must I do if I want to get a housing loan from a Financial Institution (FI) regulated by the Monetary Authority of Singapore instead?

A1 If you intend to get a housing loan from an FI, you must obtain a valid Letter of Offer from the FI before you exercise the OTP.

Q2 When must my CPF funds be available if I want to use it to finance my flat purchase?

A2 Please ensure that your funds are available in your CPF Ordinary Account when you submit your resale application. If your CPF funds are not available, you will have to pay any shortfall in cash.

Choose Mode of Financing