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What are the latest rulings for home loan application in Singapore?
What are the latest rulings for home loan application in Singapore? The major home loan rulings in Singapore can be simply summarized into Total Debt Servicing Ratio (TDSR) framework, Loan-to-Value (LTV) limits, minimum cash down payment (MCDP) rules and Mortgage Servicing Ratio (MSR) limits. The detailed regulations may work differently in different types of property such as HDB flat, EC unit, condominium and commercial property.
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From: Emmett Li
Related topics : commercial property loan singapore / home loan debt / loan home mortgage
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