Residential Housing 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) | |||||||||
| Min Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrows | All Co-borrowers must be mortgagers Guarantors must be the co-borrowers if the latter did not pass the TDSR criteria |
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| Mortgage Service Ratio (MSR) | 30% ( For Executive Condominiums) | ||||||||
| Total Debt Service Ratio (TDSR) | 55% (For Private Condominiums) | ||||||||
| Stress Test Interest Rate | 3.50% | ||||||||
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