Housing Loan Information

Residential Home Loan Regulations (MAS)

	First Loan	Second Loan	Third Loan
Loan Tenure	Up to 30 years 31 - 35 years	Up to 30 years 31 - 35 years	Up to 30 years 31 - 35 years
Age	Age used to calculate loan tenure, will be based on income-weighted
Age	Up to 65 Up to 70 - 75 Up to 70 - 75	Up to 65 Up to 70 - 75 Up to 70 - 75	Up to 65 Up to 70 - 75 Up to 70 - 75
Maximum LTV Limit	75% 55% 55%	45% 25% 25%	35% 15% 15%
Maximum LTV Limit	20% (non-individual)
Minimum Cash Downpayment	5% 10% 10%	25% 25% 25%	35% 15% 15%
Guarantors / Co-Borrowers	All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing Ratio	N/A
Total Debt Servicing Ratio	60%
Stress Test Interest Rate	3.5%