| 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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Sitemap | Disclaimer | Privacy Policy | Terms & Conditions | FAQs | United Venture Development (Meyer) Pte. Ltd. | UEN No: 202219183K | License No: C1488 | Mukim Lot: 04029P MK25 Meyer Road | Copyright © 2024 | All Rights Reserved | No part of this website may be reproduced, distributed, or transmitted in any form without the prior written permission by United Venture Development (Meyer) Pte. Ltd.. All project information and plans are subject to change by the building authorities without prior notice.
