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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