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
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%

20% (non-individuals)

Minimum Cash Downpayment
5%
10%
10%
25%
25%
25%
25%
25%
25%
Gaurantors / 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%
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