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  • Hbl/a Application To Use Cpf Housing Top-up Grant ... - Cpf Board - Mycpf Cpf Gov

Get Hbl/a Application To Use Cpf Housing Top-up Grant ... - Cpf Board - Mycpf Cpf Gov

HBL/A Central Provident Fund Board 79 Robinson Road, CPF Building, Singapore 068897 Website: www.cpf.gov.sg, CPF Call Centre: 1800-2271188 Application to Use CPF Housing Top-Up Grant for HDB Flat.

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How to fill out the HBL/A Application To Use CPF Housing Top-Up Grant online

The HBL/A Application is essential for individuals seeking to utilize the CPF Housing Top-Up Grant for HDB flats financed through bank loans. This guide will walk you through each section of the application form to ensure a smooth and efficient submission process.

Follow the steps to complete your application accurately.

  1. Press the ‘Get Form’ button to access the application form and open it in your preferred editing tool.
  2. Fill in the HDB reference number, block number, street name, and postal code of the property for which you are applying for the grant.
  3. Indicate that you would like to apply for the CPF Housing Top-Up Grant towards the housing loan by checking the relevant box.
  4. List the buyers by providing their names as in their NRICs and CPF account numbers. Ensure that all co-owners are included in this section.
  5. Enter the amounts for arrears payments and capital loan repayments for each buyer. Be sure to detail the usage of the top-up grant for the monthly instalments.
  6. Read and understand the declaration, agreement, undertaking, and acknowledgment. Ensure you check the box to confirm the accuracy of provided particulars.
  7. Have all buyers sign and date the form in the designated spaces provided, ensuring that each signature is properly dated.
  8. Review all information for accuracy and completeness, then save your changes.
  9. Download, print, or share the completed form as necessary to finalize your submission.

Start completing your HBL/A application online today and take the next step towards securing your CPF Housing Top-Up Grant.

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The Loan to Value (LTV) limit determines the maximum amount an individual can borrow for a housing loan. If you are taking an HDB loan, the LTV is 90% of the flat's value. The remaining 10% is the required down payment which you can use your CPF Ordinary Account (OA) savings to pay for in full.

Limitations on the amount you can use from your CPF savings to pay is limited by many factors including your monthly repayment must be no more than 30% of your monthly income as it is subject to Mortgage Servicing Ratio (MSR) terms and the Total Debt Servicing Ratio (TDSR) calculation.

To get your company's CPF Form 90 statements, please refer to .cpf.gov.sg.

Know that you can use cash or CPF for repayments However, there is a limit to how much CPF you can use. You can only use up to 120% of the Valuation Limit (VL)* of your house with a bank loan, after which you'll need to service the loan in cash.

* You can download the Singpass app from the App Store or Play Store. ... 01: Call CPF Hotline - 1800 227 1188. To view a digital copy of your latest yearly. ... Please hold. For English, press 1. ... Press “1” for English. For Member Enquiries, press 1. ... Press “2” for Statement Request.

When you reach 55, savings from your CPF Special Account, followed by savings from your CPF Ordinary Account up to your Full Retirement Sum, will be transferred to create your Retirement Account. Any balance that remains in your Ordinary Account can be used for housing loan repayments.

As aforementioned, home owners pay sub 2% interest on their home loans while funds in their CPF OA continue to yield 2.5%. Coupled with the fact that some homeowners who are unwilling to put their liquid cash into higher-yielding money instruments, it makes sense for this group to use cash to pay their home loans.

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Get HBL/A Application To Use CPF Housing Top-Up Grant ... - CPF Board - Mycpf Cpf Gov
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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232