Rules on loan tenure & loan-to-value for private residential – House for sale in Singapore
With effect from 6 October 2012, the maximum tenure of private residential property loans will be capped at 35 years. House for sale in Singapore. In addition, MAS will lower/ tighter the loan-to-value (LTV) ratio for private residential property loans to borrowers who are individuals, if:
– the tenure exceeds 30 years; or
– the loan period extends beyond the retirement age of 65 years.
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